This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $72,579 initial cash invested.
0.66%
Cash On Cash
7.45%
Cap Rate
1.11
DSCR
$2,902
Rent
$40
Cashflow
Cash Flow
$2,902 income − $2,862 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,902
Total Expenses
$2,862
Mortgage P&I
50%
$1,457
Property Taxes
11%
$328
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319