This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $70,353 initial cash invested.
4.08%
Cash On Cash
8.38%
Cap Rate
1.26
DSCR
$3,087
Rent
$239
Cashflow
Cash Flow
$3,087 income − $2,848 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,353
Downpayment
20%
$49,860
Closing costs
1%
$2,493
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$2,848
Mortgage P&I
45%
$1,379
Property Taxes
11%
$332
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340