This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $73,125 initial cash invested.
0.46%
Cash On Cash
7.07%
Cap Rate
1.09
DSCR
$2,565
Rent
$28
Cashflow
Cash Flow
$2,565 income − $2,537 expenses = $28 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,125
Downpayment
20%
$52,500
Closing costs
1%
$2,625
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,565
Total Expenses
$2,537
Mortgage P&I
55%
$1,416
Property Taxes
7%
$178
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282