This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $74,511 initial cash invested.
0.37%
Cash On Cash
6.98%
Cap Rate
1.09
DSCR
$2,708
Rent
$23
Cashflow
Cash Flow
$2,708 income − $2,685 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,511
Downpayment
20%
$53,820
Closing costs
1%
$2,691
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,708
Total Expenses
$2,685
Mortgage P&I
53%
$1,434
Property Taxes
8%
$213
Home Insurance
4%
$98
HOA
1%
$20
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298