This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $70,542 initial cash invested.
0.51%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$2,409
Rent
$30
Cashflow
Cash Flow
$2,409 income − $2,379 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,542
Downpayment
20%
$50,040
Closing costs
1%
$2,502
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,409
Total Expenses
$2,379
Mortgage P&I
57%
$1,364
Property Taxes
4%
$104
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265