This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $72,348 initial cash invested.
1.38%
Cash On Cash
7.5%
Cap Rate
1.13
DSCR
$2,666
Rent
$83
Cashflow
Cash Flow
$2,666 income − $2,583 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,348
Downpayment
20%
$51,760
Closing costs
1%
$2,588
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,583
Mortgage P&I
54%
$1,428
Property Taxes
5%
$140
Home Insurance
3%
$92
HOA
1%
$16
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293