This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $70,479 initial cash invested.
0.27%
Cash On Cash
7.38%
Cap Rate
1.1
DSCR
$2,961
Rent
$16
Cashflow
Cash Flow
$2,961 income − $2,945 expenses = $16 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,961
Total Expenses
$2,945
Mortgage P&I
47%
$1,403
Property Taxes
15%
$448
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326