This property might be a fair Mid-Term investment with a projected 5.91% first-year return on $71,634 initial cash invested.
5.91%
Cash On Cash
8.97%
Cap Rate
1.35
DSCR
$3,573
Rent
$353
Cashflow
Cash Flow
$3,573 income − $3,220 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,634
Downpayment
20%
$51,080
Closing costs
1%
$2,554
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,573
Total Expenses
$3,220
Mortgage P&I
40%
$1,413
Property Taxes
14%
$508
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393