This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $69,450 initial cash invested.
1.28%
Cash On Cash
7.59%
Cap Rate
1.12
DSCR
$2,438
Rent
$74
Cashflow
Cash Flow
$2,438 income − $2,364 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,438
Total Expenses
$2,364
Mortgage P&I
57%
$1,378
Property Taxes
3%
$70
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268