This property might be a fair Mid-Term investment with a projected 7.21% first-year return on $72,411 initial cash invested.
7.21%
Cash On Cash
9.22%
Cap Rate
1.4
DSCR
$3,382
Rent
$435
Cashflow
Cash Flow
$3,382 income − $2,947 expenses = $435 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,411
Downpayment
20%
$51,820
Closing costs
1%
$2,591
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,382
Total Expenses
$2,947
Mortgage P&I
42%
$1,421
Property Taxes
7%
$244
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$372