This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $70,563 initial cash invested.
0.8%
Cash On Cash
7.38%
Cap Rate
1.11
DSCR
$2,714
Rent
$47
Cashflow
Cash Flow
$2,714 income − $2,667 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,563
Downpayment
20%
$50,060
Closing costs
1%
$2,503
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,714
Total Expenses
$2,667
Mortgage P&I
51%
$1,383
Property Taxes
10%
$271
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299