This property might be a fair Mid-Term investment with a projected 1.77% first-year return on $70,490 initial cash invested.
1.77%
Cash On Cash
7.44%
Cap Rate
1.16
DSCR
$2,763
Rent
$104
Cashflow
Cash Flow
$2,763 income − $2,659 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,490
Downpayment
20%
$49,990
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,763
Total Expenses
$2,659
Mortgage P&I
48%
$1,334
Property Taxes
11%
$296
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304