This property might be a fair Mid-Term investment with a projected 0.81% first-year return on $73,020 initial cash invested.
0.81%
Cash On Cash
7.46%
Cap Rate
1.11
DSCR
$2,868
Rent
$49
Cashflow
Cash Flow
$2,868 income − $2,819 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,020
Downpayment
20%
$52,400
Closing costs
1%
$2,620
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,868
Total Expenses
$2,819
Mortgage P&I
51%
$1,465
Property Taxes
10%
$287
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315