This property might be a fair Mid-Term investment with a projected 5.21% first-year return on $70,500 initial cash invested.
5.21%
Cash On Cash
8.81%
Cap Rate
1.3
DSCR
$2,838
Rent
$306
Cashflow
Cash Flow
$2,838 income − $2,532 expenses = $306 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,838
Total Expenses
$2,532
Mortgage P&I
50%
$1,416
Property Taxes
2%
$62
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$312