This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $70,479 initial cash invested.
1.62%
Cash On Cash
7.64%
Cap Rate
1.15
DSCR
$2,710
Rent
$95
Cashflow
Cash Flow
$2,710 income − $2,615 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,710
Total Expenses
$2,615
Mortgage P&I
51%
$1,388
Property Taxes
8%
$219
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298