This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $73,041 initial cash invested.
0.77%
Cash On Cash
7.33%
Cap Rate
1.11
DSCR
$2,768
Rent
$47
Cashflow
Cash Flow
$2,768 income − $2,721 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,041
Downpayment
20%
$52,420
Closing costs
1%
$2,621
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,768
Total Expenses
$2,721
Mortgage P&I
52%
$1,442
Property Taxes
9%
$245
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304