This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $71,424 initial cash invested.
2.15%
Cash On Cash
7.92%
Cap Rate
1.16
DSCR
$2,722
Rent
$128
Cashflow
Cash Flow
$2,722 income − $2,594 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,424
Downpayment
20%
$50,880
Closing costs
1%
$2,544
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$2,594
Mortgage P&I
53%
$1,443
Property Taxes
5%
$134
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299