This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $71,886 initial cash invested.
1.69%
Cash On Cash
7.68%
Cap Rate
1.14
DSCR
$2,676
Rent
$101
Cashflow
Cash Flow
$2,676 income − $2,575 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,886
Downpayment
20%
$51,320
Closing costs
1%
$2,566
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,676
Total Expenses
$2,575
Mortgage P&I
54%
$1,435
Property Taxes
5%
$140
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294