This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $70,500 initial cash invested.
0.43%
Cash On Cash
7.08%
Cap Rate
1.1
DSCR
$2,762
Rent
$25
Cashflow
Cash Flow
$2,762 income − $2,737 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,762
Total Expenses
$2,737
Mortgage P&I
49%
$1,340
Property Taxes
13%
$371
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304