This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $71,613 initial cash invested.
3.82%
Cash On Cash
8.19%
Cap Rate
1.24
DSCR
$2,754
Rent
$228
Cashflow
Cash Flow
$2,754 income − $2,526 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,613
Downpayment
20%
$51,060
Closing costs
1%
$2,553
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,754
Total Expenses
$2,526
Mortgage P&I
51%
$1,405
Property Taxes
3%
$94
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303