This property might be a fair Mid-Term investment with a projected 5.73% first-year return on $69,555 initial cash invested.
5.73%
Cash On Cash
8.91%
Cap Rate
1.34
DSCR
$3,166
Rent
$332
Cashflow
Cash Flow
$3,166 income − $2,834 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,555
Downpayment
20%
$49,100
Closing costs
1%
$2,455
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,166
Total Expenses
$2,834
Mortgage P&I
43%
$1,363
Property Taxes
10%
$308
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348