This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $71,760 initial cash invested.
1.64%
Cash On Cash
7.54%
Cap Rate
1.14
DSCR
$2,559
Rent
$98
Cashflow
Cash Flow
$2,559 income − $2,461 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,461
Mortgage P&I
55%
$1,409
Property Taxes
4%
$94
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281