This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $73,650 initial cash invested.
0.78%
Cash On Cash
7.35%
Cap Rate
1.11
DSCR
$2,769
Rent
$48
Cashflow
Cash Flow
$2,769 income − $2,721 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,769
Total Expenses
$2,721
Mortgage P&I
53%
$1,464
Property Taxes
8%
$222
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305