This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $71,991 initial cash invested.
3.18%
Cash On Cash
7.59%
Cap Rate
1.23
DSCR
$2,772
Rent
$191
Cashflow
Cash Flow
$2,772 income − $2,581 expenses = $191 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,991
Downpayment
20%
$51,420
Closing costs
1%
$2,571
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,772
Total Expenses
$2,581
Mortgage P&I
48%
$1,324
Property Taxes
8%
$221
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305