This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $71,949 initial cash invested.
2.37%
Cash On Cash
7.61%
Cap Rate
1.2
DSCR
$3,123
Rent
$142
Cashflow
Cash Flow
$3,123 income − $2,981 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,949
Downpayment
20%
$51,380
Closing costs
1%
$2,569
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,123
Total Expenses
$2,981
Mortgage P&I
44%
$1,362
Property Taxes
15%
$464
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344