This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $69,387 initial cash invested.
1.97%
Cash On Cash
7.86%
Cap Rate
1.16
DSCR
$2,540
Rent
$114
Cashflow
Cash Flow
$2,540 income − $2,426 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,387
Downpayment
20%
$48,940
Closing costs
1%
$2,447
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,540
Total Expenses
$2,426
Mortgage P&I
55%
$1,386
Property Taxes
4%
$89
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$279