This property might be a fair Mid-Term investment with a projected 3.92% first-year return on $71,697 initial cash invested.
3.92%
Cash On Cash
8.23%
Cap Rate
1.25
DSCR
$2,943
Rent
$234
Cashflow
Cash Flow
$2,943 income − $2,709 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,697
Downpayment
20%
$51,140
Closing costs
1%
$2,557
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,943
Total Expenses
$2,709
Mortgage P&I
48%
$1,401
Property Taxes
7%
$216
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324