This property might be a fair Mid-Term investment with a projected 0.26% first-year return on $75,183 initial cash invested.
0.26%
Cash On Cash
7.15%
Cap Rate
1.08
DSCR
$2,600
Rent
$16
Cashflow
Cash Flow
$2,600 income − $2,584 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,600
Total Expenses
$2,584
Mortgage P&I
58%
$1,503
Property Taxes
4%
$101
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286