This property might be a fair Mid-Term investment with a projected 8.2% first-year return on $68,190 initial cash invested.
8.2%
Cash On Cash
9.63%
Cap Rate
1.45
DSCR
$3,182
Rent
$466
Cashflow
Cash Flow
$3,182 income − $2,716 expenses = $466 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$2,716
Mortgage P&I
42%
$1,325
Property Taxes
7%
$226
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350