This property might be a fair Mid-Term investment with a projected 3.79% first-year return on $71,928 initial cash invested.
3.79%
Cash On Cash
7.99%
Cap Rate
1.25
DSCR
$2,796
Rent
$227
Cashflow
Cash Flow
$2,796 income − $2,569 expenses = $227 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,928
Downpayment
20%
$51,360
Closing costs
1%
$2,568
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,796
Total Expenses
$2,569
Mortgage P&I
49%
$1,371
Property Taxes
5%
$132
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308