This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $74,679 initial cash invested.
0.61%
Cash On Cash
7.32%
Cap Rate
1.1
DSCR
$2,912
Rent
$38
Cashflow
Cash Flow
$2,912 income − $2,874 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,912
Total Expenses
$2,874
Mortgage P&I
51%
$1,493
Property Taxes
10%
$299
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320