This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $70,479 initial cash invested.
2.88%
Cash On Cash
8.02%
Cap Rate
1.2
DSCR
$2,716
Rent
$169
Cashflow
Cash Flow
$2,716 income − $2,547 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,716
Total Expenses
$2,547
Mortgage P&I
51%
$1,392
Property Taxes
5%
$143
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299