This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $72,894 initial cash invested.
0.79%
Cash On Cash
7.22%
Cap Rate
1.11
DSCR
$2,710
Rent
$48
Cashflow
Cash Flow
$2,710 income − $2,662 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,894
Downpayment
20%
$52,280
Closing costs
1%
$2,614
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,710
Total Expenses
$2,662
Mortgage P&I
52%
$1,416
Property Taxes
9%
$233
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298