This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $70,500 initial cash invested.
2.54%
Cash On Cash
7.95%
Cap Rate
1.19
DSCR
$2,926
Rent
$149
Cashflow
Cash Flow
$2,926 income − $2,777 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,926
Total Expenses
$2,777
Mortgage P&I
48%
$1,390
Property Taxes
10%
$304
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322