This property might be a fair Mid-Term investment with a projected 1.73% first-year return on $70,593 initial cash invested.
1.73%
Cash On Cash
7.7%
Cap Rate
1.15
DSCR
$2,550
Rent
$102
Cashflow
Cash Flow
$2,550 income − $2,448 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,593
Downpayment
20%
$50,089
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,550
Total Expenses
$2,448
Mortgage P&I
55%
$1,403
Property Taxes
4%
$91
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280