This property might be a fair Mid-Term investment with a projected 1.9% first-year return on $69,450 initial cash invested.
1.9%
Cash On Cash
7.81%
Cap Rate
1.16
DSCR
$2,811
Rent
$110
Cashflow
Cash Flow
$2,811 income − $2,701 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,811
Total Expenses
$2,701
Mortgage P&I
49%
$1,372
Property Taxes
9%
$242
Home Insurance
3%
$86
HOA
2%
$47
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309