This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $72,831 initial cash invested.
0.23%
Cash On Cash
6.59%
Cap Rate
1.09
DSCR
$2,580
Rent
$14
Cashflow
Cash Flow
$2,580 income − $2,566 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,831
Downpayment
20%
$52,220
Closing costs
1%
$2,611
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,580
Total Expenses
$2,566
Mortgage P&I
51%
$1,317
Property Taxes
11%
$279
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284