This property might be a fair Mid-Term investment with a projected 9.74% first-year return on $70,353 initial cash invested.
9.74%
Cash On Cash
9.42%
Cap Rate
1.56
DSCR
$3,298
Rent
$571
Cashflow
Cash Flow
$3,298 income − $2,727 expenses = $571 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,298
Total Expenses
$2,727
Mortgage P&I
38%
$1,254
Property Taxes
5%
$164
Home Insurance
6%
$187
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363