This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $72,411 initial cash invested.
1.81%
Cash On Cash
7.2%
Cap Rate
1.16
DSCR
$2,768
Rent
$109
Cashflow
Cash Flow
$2,768 income − $2,659 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,411
Downpayment
20%
$51,820
Closing costs
1%
$2,591
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,768
Total Expenses
$2,659
Mortgage P&I
48%
$1,334
Property Taxes
10%
$265
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304