This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $71,739 initial cash invested.
1.62%
Cash On Cash
7.57%
Cap Rate
1.14
DSCR
$2,577
Rent
$97
Cashflow
Cash Flow
$2,577 income − $2,480 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,739
Downpayment
20%
$51,180
Closing costs
1%
$2,559
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,577
Total Expenses
$2,480
Mortgage P&I
55%
$1,414
Property Taxes
4%
$103
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283