This property might be a fair Mid-Term investment with a projected 4.5% first-year return on $67,455 initial cash invested.
4.5%
Cash On Cash
8.39%
Cap Rate
1.29
DSCR
$2,892
Rent
$253
Cashflow
Cash Flow
$2,892 income − $2,639 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,455
Downpayment
20%
$47,100
Closing costs
1%
$2,355
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,892
Total Expenses
$2,639
Mortgage P&I
44%
$1,277
Property Taxes
10%
$294
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318