This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $71,634 initial cash invested.
1.57%
Cash On Cash
7.71%
Cap Rate
1.15
DSCR
$2,962
Rent
$94
Cashflow
Cash Flow
$2,962 income − $2,868 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,634
Downpayment
20%
$51,080
Closing costs
1%
$2,554
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,962
Total Expenses
$2,868
Mortgage P&I
48%
$1,428
Property Taxes
12%
$343
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326