This property might be a fair Mid-Term investment with a projected 4.42% first-year return on $68,736 initial cash invested.
4.42%
Cash On Cash
7.88%
Cap Rate
1.29
DSCR
$2,652
Rent
$253
Cashflow
Cash Flow
$2,652 income − $2,399 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,736
Downpayment
20%
$48,320
Closing costs
1%
$2,416
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,652
Total Expenses
$2,399
Mortgage P&I
46%
$1,228
Property Taxes
7%
$173
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292