This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $74,112 initial cash invested.
0.6%
Cash On Cash
7.31%
Cap Rate
1.1
DSCR
$2,670
Rent
$37
Cashflow
Cash Flow
$2,670 income − $2,633 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,670
Total Expenses
$2,633
Mortgage P&I
56%
$1,483
Property Taxes
5%
$142
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294