This property might be a fair Mid-Term investment with a projected 6.76% first-year return on $70,479 initial cash invested.
6.76%
Cash On Cash
8.81%
Cap Rate
1.39
DSCR
$2,817
Rent
$397
Cashflow
Cash Flow
$2,817 income − $2,420 expenses = $397 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,817
Total Expenses
$2,420
Mortgage P&I
47%
$1,324
Property Taxes
2%
$49
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310