This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $72,558 initial cash invested.
1.06%
Cash On Cash
7.24%
Cap Rate
1.13
DSCR
$2,764
Rent
$64
Cashflow
Cash Flow
$2,764 income − $2,700 expenses = $64 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,558
Downpayment
20%
$51,960
Closing costs
1%
$2,598
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,764
Total Expenses
$2,700
Mortgage P&I
50%
$1,393
Property Taxes
10%
$273
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304