This property might be a fair Mid-Term investment with a projected 6.2% first-year return on $67,497 initial cash invested.
6.2%
Cash On Cash
8.77%
Cap Rate
1.37
DSCR
$2,895
Rent
$349
Cashflow
Cash Flow
$2,895 income − $2,546 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,497
Downpayment
20%
$47,140
Closing costs
1%
$2,357
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,895
Total Expenses
$2,546
Mortgage P&I
43%
$1,258
Property Taxes
8%
$220
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318