This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $71,193 initial cash invested.
0.86%
Cash On Cash
7.78%
Cap Rate
1.11
DSCR
$2,655
Rent
$51
Cashflow
Cash Flow
$2,655 income − $2,604 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
8.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,193
Downpayment
20%
$50,660
Closing costs
1%
$2,533
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,655
Total Expenses
$2,604
Mortgage P&I
56%
$1,485
Property Taxes
5%
$136
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292