This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $74,112 initial cash invested.
0.18%
Cash On Cash
7.32%
Cap Rate
1.09
DSCR
$3,026
Rent
$11
Cashflow
Cash Flow
$3,026 income − $3,015 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,026
Total Expenses
$3,015
Mortgage P&I
49%
$1,497
Property Taxes
13%
$384
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333