This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $71,403 initial cash invested.
2.12%
Cash On Cash
7.21%
Cap Rate
1.17
DSCR
$2,520
Rent
$126
Cashflow
Cash Flow
$2,520 income − $2,394 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,403
Downpayment
20%
$50,860
Closing costs
1%
$2,543
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,520
Total Expenses
$2,394
Mortgage P&I
52%
$1,300
Property Taxes
6%
$146
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277