This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $71,676 initial cash invested.
1.81%
Cash On Cash
7.81%
Cap Rate
1.16
DSCR
$2,914
Rent
$108
Cashflow
Cash Flow
$2,914 income − $2,806 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,676
Downpayment
20%
$51,120
Closing costs
1%
$2,556
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,914
Total Expenses
$2,806
Mortgage P&I
49%
$1,438
Property Taxes
10%
$297
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$321