This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $73,230 initial cash invested.
0.84%
Cash On Cash
6.89%
Cap Rate
1.12
DSCR
$2,626
Rent
$51
Cashflow
Cash Flow
$2,626 income − $2,575 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,230
Downpayment
20%
$52,600
Closing costs
1%
$2,630
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,626
Total Expenses
$2,575
Mortgage P&I
52%
$1,354
Property Taxes
9%
$234
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289