This property might be a fair Mid-Term investment with a projected 5.67% first-year return on $70,731 initial cash invested.
5.67%
Cash On Cash
8.87%
Cap Rate
1.33
DSCR
$3,176
Rent
$334
Cashflow
Cash Flow
$3,176 income − $2,842 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,731
Downpayment
20%
$50,220
Closing costs
1%
$2,511
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,176
Total Expenses
$2,842
Mortgage P&I
44%
$1,396
Property Taxes
9%
$297
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349