This property might be a fair Mid-Term investment with a projected 0.36% first-year return on $70,290 initial cash invested.
0.36%
Cash On Cash
7.28%
Cap Rate
1.08
DSCR
$2,331
Rent
$21
Cashflow
Cash Flow
$2,331 income − $2,310 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,331
Total Expenses
$2,310
Mortgage P&I
60%
$1,397
Property Taxes
1%
$34
Home Insurance
4%
$87
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256