This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $71,151 initial cash invested.
6.58%
Cash On Cash
9.18%
Cap Rate
1.37
DSCR
$3,279
Rent
$390
Cashflow
Cash Flow
$3,279 income − $2,889 expenses = $390 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,151
Downpayment
20%
$50,620
Closing costs
1%
$2,531
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,279
Total Expenses
$2,889
Mortgage P&I
43%
$1,415
Property Taxes
8%
$264
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361