This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $73,461 initial cash invested.
0.44%
Cash On Cash
7.36%
Cap Rate
1.1
DSCR
$2,970
Rent
$27
Cashflow
Cash Flow
$2,970 income − $2,943 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,461
Downpayment
20%
$52,820
Closing costs
1%
$2,641
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,970
Total Expenses
$2,943
Mortgage P&I
50%
$1,474
Property Taxes
12%
$360
Home Insurance
3%
$91
HOA
0%
$8
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327