This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $74,112 initial cash invested.
0.24%
Cash On Cash
6.95%
Cap Rate
1.09
DSCR
$2,757
Rent
$15
Cashflow
Cash Flow
$2,757 income − $2,742 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,757
Total Expenses
$2,742
Mortgage P&I
52%
$1,423
Property Taxes
10%
$284
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303