This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $71,550 initial cash invested.
3.69%
Cash On Cash
8.35%
Cap Rate
1.24
DSCR
$3,219
Rent
$220
Cashflow
Cash Flow
$3,219 income − $2,999 expenses = $220 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,219
Total Expenses
$2,999
Mortgage P&I
44%
$1,425
Property Taxes
12%
$381
Home Insurance
3%
$89
HOA
0%
$9
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354