This property might be a fair Mid-Term investment with a projected 2.22% first-year return on $72,369 initial cash invested.
2.22%
Cash On Cash
7.69%
Cap Rate
1.17
DSCR
$2,740
Rent
$134
Cashflow
Cash Flow
$2,740 income − $2,606 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,369
Downpayment
20%
$51,780
Closing costs
1%
$2,589
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,740
Total Expenses
$2,606
Mortgage P&I
52%
$1,416
Property Taxes
6%
$158
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301