This property might be a fair Mid-Term investment with a projected 2.24% first-year return on $71,823 initial cash invested.
2.24%
Cash On Cash
7.96%
Cap Rate
1.18
DSCR
$3,182
Rent
$134
Cashflow
Cash Flow
$3,182 income − $3,048 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,823
Downpayment
20%
$51,260
Closing costs
1%
$2,563
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$3,048
Mortgage P&I
45%
$1,439
Property Taxes
14%
$458
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350