This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $72,516 initial cash invested.
2.37%
Cash On Cash
7.6%
Cap Rate
1.18
DSCR
$2,554
Rent
$143
Cashflow
Cash Flow
$2,554 income − $2,411 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,516
Downpayment
20%
$51,920
Closing costs
1%
$2,596
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,554
Total Expenses
$2,411
Mortgage P&I
55%
$1,399
Property Taxes
2%
$58
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281