This property might be a fair Mid-Term investment with a projected 5.75% first-year return on $70,479 initial cash invested.
5.75%
Cash On Cash
8.92%
Cap Rate
1.33
DSCR
$3,159
Rent
$338
Cashflow
Cash Flow
$3,159 income − $2,821 expenses = $338 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,159
Total Expenses
$2,821
Mortgage P&I
44%
$1,394
Property Taxes
8%
$266
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347