This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $72,096 initial cash invested.
1.65%
Cash On Cash
7.37%
Cap Rate
1.14
DSCR
$2,510
Rent
$99
Cashflow
Cash Flow
$2,510 income − $2,411 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,096
Downpayment
20%
$51,520
Closing costs
1%
$2,576
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,510
Total Expenses
$2,411
Mortgage P&I
55%
$1,384
Property Taxes
3%
$77
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276