This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $67,350 initial cash invested.
5.27%
Cash On Cash
8.67%
Cap Rate
1.32
DSCR
$3,006
Rent
$296
Cashflow
Cash Flow
$3,006 income − $2,710 expenses = $296 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,006
Total Expenses
$2,710
Mortgage P&I
43%
$1,282
Property Taxes
11%
$324
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331