This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $72,600 initial cash invested.
0.68%
Cash On Cash
6.93%
Cap Rate
1.12
DSCR
$2,928
Rent
$41
Cashflow
Cash Flow
$2,928 income − $2,887 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,928
Total Expenses
$2,887
Mortgage P&I
46%
$1,343
Property Taxes
15%
$427
Home Insurance
3%
$91
HOA
1%
$31
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322