This property might be a fair Mid-Term investment with a projected 3.97% first-year return on $70,731 initial cash invested.
3.97%
Cash On Cash
8.06%
Cap Rate
1.25
DSCR
$2,686
Rent
$234
Cashflow
Cash Flow
$2,686 income − $2,452 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,686
Total Expenses
$2,452
Mortgage P&I
50%
$1,346
Property Taxes
4%
$105
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295