This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $70,206 initial cash invested.
3.86%
Cash On Cash
8.16%
Cap Rate
1.26
DSCR
$3,144
Rent
$226
Cashflow
Cash Flow
$3,144 income − $2,918 expenses = $226 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,206
Downpayment
20%
$49,720
Closing costs
1%
$2,486
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,144
Total Expenses
$2,918
Mortgage P&I
43%
$1,338
Property Taxes
14%
$437
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346