This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $72,537 initial cash invested.
1.42%
Cash On Cash
7.24%
Cap Rate
1.14
DSCR
$2,578
Rent
$86
Cashflow
Cash Flow
$2,578 income − $2,492 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,537
Downpayment
20%
$51,940
Closing costs
1%
$2,597
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,578
Total Expenses
$2,492
Mortgage P&I
53%
$1,377
Property Taxes
6%
$146
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284