This property might be a fair Mid-Term investment with a projected 3.91% first-year return on $69,639 initial cash invested.
3.91%
Cash On Cash
8.46%
Cap Rate
1.25
DSCR
$3,086
Rent
$227
Cashflow
Cash Flow
$3,086 income − $2,859 expenses = $227 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,639
Downpayment
20%
$49,180
Closing costs
1%
$2,459
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,086
Total Expenses
$2,859
Mortgage P&I
45%
$1,383
Property Taxes
11%
$341
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$339