This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $70,479 initial cash invested.
3.44%
Cash On Cash
8.05%
Cap Rate
1.23
DSCR
$2,914
Rent
$202
Cashflow
Cash Flow
$2,914 income − $2,712 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,914
Total Expenses
$2,712
Mortgage P&I
47%
$1,358
Property Taxes
9%
$268
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$321