This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $74,238 initial cash invested.
0.16%
Cash On Cash
7.04%
Cap Rate
1.08
DSCR
$2,598
Rent
$10
Cashflow
Cash Flow
$2,598 income − $2,588 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,238
Downpayment
20%
$53,560
Closing costs
1%
$2,678
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,598
Total Expenses
$2,588
Mortgage P&I
56%
$1,458
Property Taxes
6%
$148
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286