This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $71,256 initial cash invested.
0.05%
Cash On Cash
6.9%
Cap Rate
1.08
DSCR
$2,680
Rent
$3
Cashflow
Cash Flow
$2,680 income − $2,677 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,256
Downpayment
20%
$50,720
Closing costs
1%
$2,536
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,680
Total Expenses
$2,677
Mortgage P&I
50%
$1,349
Property Taxes
12%
$326
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295