This property might be a fair Mid-Term investment with a projected 3.79% first-year return on $72,201 initial cash invested.
3.79%
Cash On Cash
8.29%
Cap Rate
1.26
DSCR
$3,368
Rent
$228
Cashflow
Cash Flow
$3,368 income − $3,140 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,368
Total Expenses
$3,140
Mortgage P&I
42%
$1,421
Property Taxes
14%
$483
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$370