This property might be a fair Mid-Term investment with a projected 1.94% first-year return on $69,765 initial cash invested.
1.94%
Cash On Cash
7.69%
Cap Rate
1.17
DSCR
$2,810
Rent
$113
Cashflow
Cash Flow
$2,810 income − $2,697 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,765
Downpayment
20%
$49,300
Closing costs
1%
$2,465
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,810
Total Expenses
$2,697
Mortgage P&I
48%
$1,355
Property Taxes
11%
$316
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309