This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $73,041 initial cash invested.
1.59%
Cash On Cash
7.66%
Cap Rate
1.14
DSCR
$2,858
Rent
$97
Cashflow
Cash Flow
$2,858 income − $2,761 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,858
Total Expenses
$2,761
Mortgage P&I
51%
$1,463
Property Taxes
8%
$233
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314