This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $71,844 initial cash invested.
1.24%
Cash On Cash
7.3%
Cap Rate
1.14
DSCR
$2,968
Rent
$74
Cashflow
Cash Flow
$2,968 income − $2,894 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,844
Downpayment
20%
$51,280
Closing costs
1%
$2,564
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,968
Total Expenses
$2,894
Mortgage P&I
46%
$1,366
Property Taxes
10%
$297
Home Insurance
3%
$91
HOA
4%
$131
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326