This property might be a fair Mid-Term investment with a projected 6.11% first-year return on $71,928 initial cash invested.
6.11%
Cash On Cash
8.8%
Cap Rate
1.36
DSCR
$3,244
Rent
$366
Cashflow
Cash Flow
$3,244 income − $2,878 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,928
Downpayment
20%
$51,360
Closing costs
1%
$2,568
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,244
Total Expenses
$2,878
Mortgage P&I
43%
$1,387
Property Taxes
9%
$278
Home Insurance
3%
$110
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357