This property might be a fair Mid-Term investment with a projected 1.09% first-year return on $71,256 initial cash invested.
1.09%
Cash On Cash
7.37%
Cap Rate
1.12
DSCR
$2,583
Rent
$65
Cashflow
Cash Flow
$2,583 income − $2,518 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,256
Downpayment
20%
$50,720
Closing costs
1%
$2,536
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,583
Total Expenses
$2,518
Mortgage P&I
54%
$1,390
Property Taxes
6%
$160
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284