This property might be a fair Mid-Term investment with a projected 6% first-year return on $68,988 initial cash invested.
6%
Cash On Cash
9.04%
Cap Rate
1.35
DSCR
$3,308
Rent
$345
Cashflow
Cash Flow
$3,308 income − $2,963 expenses = $345 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,988
Downpayment
20%
$48,560
Closing costs
1%
$2,428
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,308
Total Expenses
$2,963
Mortgage P&I
41%
$1,352
Property Taxes
11%
$363
Home Insurance
3%
$86
HOA
1%
$38
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364