This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $70,668 initial cash invested.
0.63%
Cash On Cash
7.53%
Cap Rate
1.11
DSCR
$2,967
Rent
$37
Cashflow
Cash Flow
$2,967 income − $2,930 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$251k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,668
Downpayment
20%
$50,160
Closing costs
1%
$2,508
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,967
Total Expenses
$2,930
Mortgage P&I
48%
$1,417
Property Taxes
15%
$443
Home Insurance
2%
$61
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326