This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $73,860 initial cash invested.
0.55%
Cash On Cash
7.25%
Cap Rate
1.09
DSCR
$2,622
Rent
$34
Cashflow
Cash Flow
$2,622 income − $2,588 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,622
Total Expenses
$2,588
Mortgage P&I
56%
$1,467
Property Taxes
5%
$133
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288