This property might be a fair Mid-Term investment with a projected 0.52% first-year return on $74,070 initial cash invested.
0.52%
Cash On Cash
7.1%
Cap Rate
1.09
DSCR
$2,410
Rent
$32
Cashflow
Cash Flow
$2,410 income − $2,378 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,410
Total Expenses
$2,378
Mortgage P&I
60%
$1,452
Property Taxes
1%
$14
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265