This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $74,679 initial cash invested.
0.32%
Cash On Cash
7.13%
Cap Rate
1.09
DSCR
$2,655
Rent
$20
Cashflow
Cash Flow
$2,655 income − $2,635 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,655
Total Expenses
$2,635
Mortgage P&I
56%
$1,477
Property Taxes
6%
$161
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292