This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $71,214 initial cash invested.
1.03%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$2,559
Rent
$61
Cashflow
Cash Flow
$2,559 income − $2,498 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,214
Downpayment
20%
$50,680
Closing costs
1%
$2,534
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,498
Mortgage P&I
54%
$1,384
Property Taxes
7%
$182
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281