This property might be a fair Mid-Term investment with a projected 6.53% first-year return on $71,130 initial cash invested.
6.53%
Cash On Cash
8.68%
Cap Rate
1.38
DSCR
$2,822
Rent
$387
Cashflow
Cash Flow
$2,822 income − $2,435 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,130
Downpayment
20%
$50,600
Closing costs
1%
$2,530
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,822
Total Expenses
$2,435
Mortgage P&I
47%
$1,329
Property Taxes
2%
$55
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310