This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $72,579 initial cash invested.
0.05%
Cash On Cash
7.13%
Cap Rate
1.08
DSCR
$2,716
Rent
$3
Cashflow
Cash Flow
$2,716 income − $2,713 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,716
Total Expenses
$2,713
Mortgage P&I
53%
$1,433
Property Taxes
10%
$265
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299