This property might be a fair Mid-Term investment with a projected 6.47% first-year return on $67,350 initial cash invested.
6.47%
Cash On Cash
9.26%
Cap Rate
1.37
DSCR
$3,134
Rent
$363
Cashflow
Cash Flow
$3,134 income − $2,771 expenses = $363 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,134
Total Expenses
$2,771
Mortgage P&I
42%
$1,325
Property Taxes
10%
$299
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345