This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $67,602 initial cash invested.
4.97%
Cash On Cash
8.32%
Cap Rate
1.33
DSCR
$3,054
Rent
$280
Cashflow
Cash Flow
$3,054 income − $2,774 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,602
Downpayment
20%
$47,240
Closing costs
1%
$2,362
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,054
Total Expenses
$2,774
Mortgage P&I
40%
$1,235
Property Taxes
14%
$417
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336