This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $72,390 initial cash invested.
3.07%
Cash On Cash
7.51%
Cap Rate
1.22
DSCR
$2,542
Rent
$185
Cashflow
Cash Flow
$2,542 income − $2,357 expenses = $185 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,542
Total Expenses
$2,357
Mortgage P&I
52%
$1,334
Property Taxes
3%
$67
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280