This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $70,290 initial cash invested.
1.69%
Cash On Cash
7.73%
Cap Rate
1.14
DSCR
$2,511
Rent
$99
Cashflow
Cash Flow
$2,511 income − $2,412 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,511
Total Expenses
$2,412
Mortgage P&I
56%
$1,404
Property Taxes
3%
$69
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276