This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $70,836 initial cash invested.
2.34%
Cash On Cash
7.57%
Cap Rate
1.19
DSCR
$2,876
Rent
$138
Cashflow
Cash Flow
$2,876 income − $2,738 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,836
Downpayment
20%
$50,320
Closing costs
1%
$2,516
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,876
Total Expenses
$2,738
Mortgage P&I
46%
$1,335
Property Taxes
12%
$332
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316