This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $71,340 initial cash invested.
0.17%
Cash On Cash
7.04%
Cap Rate
1.08
DSCR
$2,490
Rent
$10
Cashflow
Cash Flow
$2,490 income − $2,480 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,340
Downpayment
20%
$50,800
Closing costs
1%
$2,540
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,490
Total Expenses
$2,480
Mortgage P&I
55%
$1,381
Property Taxes
6%
$160
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274