This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $70,479 initial cash invested.
0.7%
Cash On Cash
7.25%
Cap Rate
1.12
DSCR
$3,008
Rent
$41
Cashflow
Cash Flow
$3,008 income − $2,967 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,008
Total Expenses
$2,967
Mortgage P&I
45%
$1,348
Property Taxes
17%
$509
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331