This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $71,445 initial cash invested.
7.59%
Cash On Cash
8.92%
Cap Rate
1.44
DSCR
$3,220
Rent
$452
Cashflow
Cash Flow
$3,220 income − $2,768 expenses = $452 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,445
Downpayment
20%
$50,900
Closing costs
1%
$2,545
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,220
Total Expenses
$2,768
Mortgage P&I
41%
$1,310
Property Taxes
8%
$272
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354