This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $69,513 initial cash invested.
1.16%
Cash On Cash
7.63%
Cap Rate
1.12
DSCR
$2,592
Rent
$67
Cashflow
Cash Flow
$2,592 income − $2,525 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,513
Downpayment
20%
$49,060
Closing costs
1%
$2,453
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,592
Total Expenses
$2,525
Mortgage P&I
54%
$1,389
Property Taxes
6%
$166
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285