This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $72,831 initial cash invested.
1.71%
Cash On Cash
7.39%
Cap Rate
1.15
DSCR
$2,514
Rent
$104
Cashflow
Cash Flow
$2,514 income − $2,410 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,831
Downpayment
20%
$52,220
Closing costs
1%
$2,611
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,514
Total Expenses
$2,410
Mortgage P&I
56%
$1,403
Property Taxes
2%
$62
Home Insurance
4%
$89
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277