This property might be a fair Mid-Term investment with a projected 0.69% first-year return on $71,550 initial cash invested.
0.69%
Cash On Cash
7.33%
Cap Rate
1.1
DSCR
$2,559
Rent
$41
Cashflow
Cash Flow
$2,559 income − $2,518 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,518
Mortgage P&I
55%
$1,415
Property Taxes
6%
$144
Home Insurance
4%
$90
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281