This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $73,188 initial cash invested.
0.16%
Cash On Cash
6.6%
Cap Rate
1.09
DSCR
$2,830
Rent
$10
Cashflow
Cash Flow
$2,830 income − $2,820 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,188
Downpayment
20%
$52,560
Closing costs
1%
$2,628
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,830
Total Expenses
$2,820
Mortgage P&I
47%
$1,322
Property Taxes
16%
$442
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311