This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $74,490 initial cash invested.
0.42%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$2,648
Rent
$26
Cashflow
Cash Flow
$2,648 income − $2,622 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,648
Total Expenses
$2,622
Mortgage P&I
56%
$1,473
Property Taxes
6%
$155
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291