This property might be a fair Mid-Term investment with a projected 1.83% first-year return on $70,248 initial cash invested.
1.83%
Cash On Cash
7.55%
Cap Rate
1.15
DSCR
$2,506
Rent
$107
Cashflow
Cash Flow
$2,506 income − $2,399 expenses = $107 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,248
Downpayment
20%
$49,760
Closing costs
1%
$2,488
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,506
Total Expenses
$2,399
Mortgage P&I
54%
$1,358
Property Taxes
4%
$101
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276