This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $71,067 initial cash invested.
0.08%
Cash On Cash
7.31%
Cap Rate
1.07
DSCR
$2,410
Rent
$5
Cashflow
Cash Flow
$2,410 income − $2,405 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,067
Downpayment
20%
$50,540
Closing costs
1%
$2,527
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,410
Total Expenses
$2,405
Mortgage P&I
60%
$1,439
Property Taxes
2%
$60
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265