This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $70,500 initial cash invested.
6.79%
Cash On Cash
9.14%
Cap Rate
1.38
DSCR
$3,110
Rent
$399
Cashflow
Cash Flow
$3,110 income − $2,711 expenses = $399 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,110
Total Expenses
$2,711
Mortgage P&I
44%
$1,381
Property Taxes
6%
$183
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342