This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $70,122 initial cash invested.
1.59%
Cash On Cash
7.24%
Cap Rate
1.17
DSCR
$3,057
Rent
$93
Cashflow
Cash Flow
$3,057 income − $2,964 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,122
Downpayment
20%
$49,640
Closing costs
1%
$2,482
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,057
Total Expenses
$2,964
Mortgage P&I
42%
$1,282
Property Taxes
17%
$529
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336