This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $72,201 initial cash invested.
0.63%
Cash On Cash
6.78%
Cap Rate
1.1
DSCR
$2,286
Rent
$38
Cashflow
Cash Flow
$2,286 income − $2,248 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,286
Total Expenses
$2,248
Mortgage P&I
58%
$1,329
Property Taxes
2%
$50
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251