This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $73,797 initial cash invested.
0.65%
Cash On Cash
7.46%
Cap Rate
1.11
DSCR
$2,997
Rent
$40
Cashflow
Cash Flow
$2,997 income − $2,957 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,797
Downpayment
20%
$53,140
Closing costs
1%
$2,657
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,997
Total Expenses
$2,957
Mortgage P&I
50%
$1,492
Property Taxes
12%
$371
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330