This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $73,293 initial cash invested.
0.98%
Cash On Cash
7.29%
Cap Rate
1.13
DSCR
$3,032
Rent
$60
Cashflow
Cash Flow
$3,032 income − $2,972 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,293
Downpayment
20%
$52,660
Closing costs
1%
$2,633
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,032
Total Expenses
$2,972
Mortgage P&I
47%
$1,419
Property Taxes
14%
$438
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334