This property might be a fair Mid-Term investment with a projected 1.29% first-year return on $71,508 initial cash invested.
1.29%
Cash On Cash
7.24%
Cap Rate
1.15
DSCR
$3,015
Rent
$77
Cashflow
Cash Flow
$3,015 income − $2,938 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,508
Downpayment
20%
$50,960
Closing costs
1%
$2,548
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,015
Total Expenses
$2,938
Mortgage P&I
44%
$1,340
Property Taxes
15%
$439
Home Insurance
3%
$91
HOA
1%
$42
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332