This property might be a fair Mid-Term investment with a projected 5.98% first-year return on $68,673 initial cash invested.
5.98%
Cash On Cash
8.55%
Cap Rate
1.37
DSCR
$3,160
Rent
$342
Cashflow
Cash Flow
$3,160 income − $2,818 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,673
Downpayment
20%
$48,260
Closing costs
1%
$2,413
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,160
Total Expenses
$2,818
Mortgage P&I
40%
$1,252
Property Taxes
13%
$422
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$348