This property might be a fair Mid-Term investment with a projected 5.72% first-year return on $71,298 initial cash invested.
5.72%
Cash On Cash
8.73%
Cap Rate
1.35
DSCR
$3,566
Rent
$340
Cashflow
Cash Flow
$3,566 income − $3,226 expenses = $340 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,298
Downpayment
20%
$50,760
Closing costs
1%
$2,538
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,566
Total Expenses
$3,226
Mortgage P&I
38%
$1,363
Property Taxes
17%
$589
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392