This property might be a fair Mid-Term investment with a projected 1.58% first-year return on $71,571 initial cash invested.
1.58%
Cash On Cash
7.36%
Cap Rate
1.14
DSCR
$2,488
Rent
$94
Cashflow
Cash Flow
$2,488 income − $2,394 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,571
Downpayment
20%
$51,020
Closing costs
1%
$2,551
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,488
Total Expenses
$2,394
Mortgage P&I
55%
$1,371
Property Taxes
3%
$73
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274