This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $71,949 initial cash invested.
3.27%
Cash On Cash
7.99%
Cap Rate
1.22
DSCR
$2,690
Rent
$196
Cashflow
Cash Flow
$2,690 income − $2,494 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,949
Downpayment
20%
$51,380
Closing costs
1%
$2,569
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,690
Total Expenses
$2,494
Mortgage P&I
52%
$1,406
Property Taxes
3%
$81
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296