This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $70,500 initial cash invested.
3.35%
Cash On Cash
8.09%
Cap Rate
1.22
DSCR
$2,678
Rent
$197
Cashflow
Cash Flow
$2,678 income − $2,481 expenses = $197 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,678
Total Expenses
$2,481
Mortgage P&I
52%
$1,381
Property Taxes
4%
$102
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295