This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $72,390 initial cash invested.
0.94%
Cash On Cash
6.99%
Cap Rate
1.12
DSCR
$2,668
Rent
$57
Cashflow
Cash Flow
$2,668 income − $2,611 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,668
Total Expenses
$2,611
Mortgage P&I
50%
$1,345
Property Taxes
10%
$268
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293