This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $70,500 initial cash invested.
6.84%
Cash On Cash
9.32%
Cap Rate
1.39
DSCR
$3,639
Rent
$402
Cashflow
Cash Flow
$3,639 income − $3,237 expenses = $402 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,639
Total Expenses
$3,237
Mortgage P&I
38%
$1,393
Property Taxes
14%
$518
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$400