This property might be a fair Mid-Term investment with a projected 0.67% first-year return on $70,185 initial cash invested.
0.67%
Cash On Cash
7.33%
Cap Rate
1.1
DSCR
$2,418
Rent
$39
Cashflow
Cash Flow
$2,418 income − $2,379 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,185
Downpayment
20%
$49,700
Closing costs
1%
$2,485
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,418
Total Expenses
$2,379
Mortgage P&I
57%
$1,382
Property Taxes
4%
$87
Home Insurance
4%
$87
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266