This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $72,600 initial cash invested.
0.3%
Cash On Cash
6.91%
Cap Rate
1.09
DSCR
$2,514
Rent
$18
Cashflow
Cash Flow
$2,514 income − $2,496 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,514
Total Expenses
$2,496
Mortgage P&I
55%
$1,378
Property Taxes
7%
$171
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277