This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $69,492 initial cash invested.
4.08%
Cash On Cash
8.23%
Cap Rate
1.26
DSCR
$2,672
Rent
$236
Cashflow
Cash Flow
$2,672 income − $2,436 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,492
Downpayment
20%
$49,040
Closing costs
1%
$2,452
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,672
Total Expenses
$2,436
Mortgage P&I
50%
$1,338
Property Taxes
4%
$102
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294