This property might be a fair Mid-Term investment with a projected 1.9% first-year return on $71,970 initial cash invested.
1.9%
Cash On Cash
7.57%
Cap Rate
1.16
DSCR
$2,636
Rent
$114
Cashflow
Cash Flow
$2,636 income − $2,522 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,970
Downpayment
20%
$51,400
Closing costs
1%
$2,570
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,636
Total Expenses
$2,522
Mortgage P&I
53%
$1,403
Property Taxes
5%
$134
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290