This property might be a fair Mid-Term investment with a projected 0.81% first-year return on $69,723 initial cash invested.
0.81%
Cash On Cash
7.14%
Cap Rate
1.11
DSCR
$2,518
Rent
$47
Cashflow
Cash Flow
$2,518 income − $2,471 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,723
Downpayment
20%
$49,260
Closing costs
1%
$2,463
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,518
Total Expenses
$2,471
Mortgage P&I
52%
$1,317
Property Taxes
5%
$134
Home Insurance
4%
$105
HOA
2%
$58
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277