This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $70,500 initial cash invested.
0.54%
Cash On Cash
7.2%
Cap Rate
1.1
DSCR
$2,660
Rent
$32
Cashflow
Cash Flow
$2,660 income − $2,628 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,660
Total Expenses
$2,628
Mortgage P&I
51%
$1,362
Property Taxes
10%
$274
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$293