This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $70,500 initial cash invested.
0.7%
Cash On Cash
7.08%
Cap Rate
1.11
DSCR
$2,756
Rent
$41
Cashflow
Cash Flow
$2,756 income − $2,715 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,756
Total Expenses
$2,715
Mortgage P&I
48%
$1,325
Property Taxes
13%
$365
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303