This property might be a fair Mid-Term investment with a projected 7.88% first-year return on $71,865 initial cash invested.
7.88%
Cash On Cash
9.34%
Cap Rate
1.44
DSCR
$3,468
Rent
$472
Cashflow
Cash Flow
$3,468 income − $2,996 expenses = $472 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,865
Downpayment
20%
$51,300
Closing costs
1%
$2,565
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,468
Total Expenses
$2,996
Mortgage P&I
40%
$1,386
Property Taxes
9%
$319
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381