This property might be a fair Mid-Term investment with a projected 0.5% first-year return on $73,881 initial cash invested.
0.5%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$2,721
Rent
$31
Cashflow
Cash Flow
$2,721 income − $2,690 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,881
Downpayment
20%
$53,220
Closing costs
1%
$2,661
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,721
Total Expenses
$2,690
Mortgage P&I
54%
$1,462
Property Taxes
3%
$89
Home Insurance
4%
$97
HOA
4%
$116
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299