This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $71,760 initial cash invested.
5.57%
Cash On Cash
8.55%
Cap Rate
1.34
DSCR
$3,117
Rent
$333
Cashflow
Cash Flow
$3,117 income − $2,784 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,117
Total Expenses
$2,784
Mortgage P&I
44%
$1,367
Property Taxes
9%
$266
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343