This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $72,453 initial cash invested.
1.01%
Cash On Cash
7.38%
Cap Rate
1.11
DSCR
$2,500
Rent
$61
Cashflow
Cash Flow
$2,500 income − $2,439 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,453
Downpayment
20%
$51,860
Closing costs
1%
$2,593
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,500
Total Expenses
$2,439
Mortgage P&I
57%
$1,433
Property Taxes
4%
$90
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275