This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $72,033 initial cash invested.
1.87%
Cash On Cash
7.65%
Cap Rate
1.15
DSCR
$2,674
Rent
$112
Cashflow
Cash Flow
$2,674 income − $2,562 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,033
Downpayment
20%
$51,460
Closing costs
1%
$2,573
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,674
Total Expenses
$2,562
Mortgage P&I
53%
$1,422
Property Taxes
6%
$149
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294