This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $72,327 initial cash invested.
2.17%
Cash On Cash
7.31%
Cap Rate
1.17
DSCR
$2,506
Rent
$131
Cashflow
Cash Flow
$2,506 income − $2,375 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,327
Downpayment
20%
$51,740
Closing costs
1%
$2,587
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,506
Total Expenses
$2,375
Mortgage P&I
54%
$1,345
Property Taxes
3%
$85
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276