This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $72,999 initial cash invested.
1.63%
Cash On Cash
7.4%
Cap Rate
1.15
DSCR
$2,690
Rent
$99
Cashflow
Cash Flow
$2,690 income − $2,591 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,999
Downpayment
20%
$52,380
Closing costs
1%
$2,619
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,690
Total Expenses
$2,591
Mortgage P&I
52%
$1,409
Property Taxes
6%
$172
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296