This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $73,503 initial cash invested.
1.58%
Cash On Cash
7.8%
Cap Rate
1.16
DSCR
$3,562
Rent
$97
Cashflow
Cash Flow
$3,562 income − $3,465 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,503
Downpayment
20%
$52,860
Closing costs
1%
$2,643
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,562
Total Expenses
$3,465
Mortgage P&I
41%
$1,478
Property Taxes
19%
$683
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392