This property might be a fair Mid-Term investment with a projected 6.29% first-year return on $71,697 initial cash invested.
6.29%
Cash On Cash
8.65%
Cap Rate
1.37
DSCR
$3,090
Rent
$376
Cashflow
Cash Flow
$3,090 income − $2,714 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,697
Downpayment
20%
$51,140
Closing costs
1%
$2,557
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,090
Total Expenses
$2,714
Mortgage P&I
44%
$1,344
Property Taxes
7%
$230
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340