This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $69,429 initial cash invested.
0.41%
Cash On Cash
6.97%
Cap Rate
1.09
DSCR
$2,414
Rent
$24
Cashflow
Cash Flow
$2,414 income − $2,390 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,429
Downpayment
20%
$48,980
Closing costs
1%
$2,449
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,414
Total Expenses
$2,390
Mortgage P&I
54%
$1,302
Property Taxes
7%
$180
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$72
Maintenance
4%
$97
Other
11%
$266