This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $69,786 initial cash invested.
5.14%
Cash On Cash
8.79%
Cap Rate
1.3
DSCR
$2,846
Rent
$299
Cashflow
Cash Flow
$2,846 income − $2,547 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,786
Downpayment
20%
$49,320
Closing costs
1%
$2,466
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,846
Total Expenses
$2,547
Mortgage P&I
49%
$1,394
Property Taxes
3%
$97
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313