This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $68,547 initial cash invested.
5.41%
Cash On Cash
8.55%
Cap Rate
1.32
DSCR
$2,745
Rent
$309
Cashflow
Cash Flow
$2,745 income − $2,436 expenses = $309 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,547
Downpayment
20%
$48,140
Closing costs
1%
$2,407
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,745
Total Expenses
$2,436
Mortgage P&I
47%
$1,296
Property Taxes
4%
$120
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302