This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $69,744 initial cash invested.
0.64%
Cash On Cash
7.42%
Cap Rate
1.1
DSCR
$2,559
Rent
$37
Cashflow
Cash Flow
$2,559 income − $2,522 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,744
Downpayment
20%
$49,280
Closing costs
1%
$2,464
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,522
Mortgage P&I
54%
$1,385
Property Taxes
7%
$168
Home Insurance
3%
$88
HOA
0%
$12
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281