This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $70,290 initial cash invested.
0.24%
Cash On Cash
7.17%
Cap Rate
1.08
DSCR
$2,445
Rent
$14
Cashflow
Cash Flow
$2,445 income − $2,431 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,445
Total Expenses
$2,431
Mortgage P&I
56%
$1,375
Property Taxes
6%
$138
Home Insurance
4%
$87
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269