This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $72,600 initial cash invested.
0.4%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$2,745
Rent
$24
Cashflow
Cash Flow
$2,745 income − $2,721 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,745
Total Expenses
$2,721
Mortgage P&I
52%
$1,415
Property Taxes
10%
$282
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302