This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $72,159 initial cash invested.
2.58%
Cash On Cash
7.97%
Cap Rate
1.19
DSCR
$2,877
Rent
$155
Cashflow
Cash Flow
$2,877 income − $2,722 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,159
Downpayment
20%
$51,580
Closing costs
1%
$2,579
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,877
Total Expenses
$2,722
Mortgage P&I
50%
$1,442
Property Taxes
7%
$213
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316