This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $69,975 initial cash invested.
0.33%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$2,637
Rent
$19
Cashflow
Cash Flow
$2,637 income − $2,618 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,975
Downpayment
20%
$49,500
Closing costs
1%
$2,475
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,637
Total Expenses
$2,618
Mortgage P&I
51%
$1,351
Property Taxes
11%
$281
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290