This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $69,450 initial cash invested.
0.36%
Cash On Cash
7.4%
Cap Rate
1.09
DSCR
$2,732
Rent
$21
Cashflow
Cash Flow
$2,732 income − $2,711 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,732
Total Expenses
$2,711
Mortgage P&I
51%
$1,381
Property Taxes
12%
$315
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301