This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $73,587 initial cash invested.
0.02%
Cash On Cash
6.95%
Cap Rate
1.08
DSCR
$2,700
Rent
$1
Cashflow
Cash Flow
$2,700 income − $2,699 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,587
Downpayment
20%
$52,940
Closing costs
1%
$2,647
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,700
Total Expenses
$2,699
Mortgage P&I
53%
$1,424
Property Taxes
10%
$264
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297