This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $71,991 initial cash invested.
4.95%
Cash On Cash
8%
Cap Rate
1.31
DSCR
$2,746
Rent
$297
Cashflow
Cash Flow
$2,746 income − $2,449 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,991
Downpayment
20%
$51,420
Closing costs
1%
$2,571
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$2,449
Mortgage P&I
48%
$1,307
Property Taxes
4%
$114
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302