This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $72,180 initial cash invested.
1.33%
Cash On Cash
7.42%
Cap Rate
1.14
DSCR
$2,772
Rent
$80
Cashflow
Cash Flow
$2,772 income − $2,692 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,772
Total Expenses
$2,692
Mortgage P&I
51%
$1,405
Property Taxes
9%
$254
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305