This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $68,715 initial cash invested.
4.44%
Cash On Cash
8.45%
Cap Rate
1.29
DSCR
$3,094
Rent
$254
Cashflow
Cash Flow
$3,094 income − $2,840 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,715
Downpayment
20%
$48,300
Closing costs
1%
$2,415
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,094
Total Expenses
$2,840
Mortgage P&I
43%
$1,322
Property Taxes
12%
$378
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340