This property might be a fair Mid-Term investment with a projected 1.8% first-year return on $70,479 initial cash invested.
1.8%
Cash On Cash
7.62%
Cap Rate
1.16
DSCR
$2,846
Rent
$106
Cashflow
Cash Flow
$2,846 income − $2,740 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,846
Total Expenses
$2,740
Mortgage P&I
48%
$1,367
Property Taxes
11%
$317
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313