This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $74,490 initial cash invested.
0.23%
Cash On Cash
7.17%
Cap Rate
1.08
DSCR
$2,565
Rent
$14
Cashflow
Cash Flow
$2,565 income − $2,551 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,565
Total Expenses
$2,551
Mortgage P&I
58%
$1,491
Property Taxes
4%
$93
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282