This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $72,222 initial cash invested.
0.33%
Cash On Cash
7.2%
Cap Rate
1.09
DSCR
$2,666
Rent
$20
Cashflow
Cash Flow
$2,666 income − $2,646 expenses = $20 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,222
Downpayment
20%
$51,640
Closing costs
1%
$2,582
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,666
Total Expenses
$2,646
Mortgage P&I
53%
$1,422
Property Taxes
8%
$226
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293