This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $70,479 initial cash invested.
0.24%
Cash On Cash
6.95%
Cap Rate
1.09
DSCR
$2,727
Rent
$14
Cashflow
Cash Flow
$2,727 income − $2,713 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,727
Total Expenses
$2,713
Mortgage P&I
49%
$1,324
Property Taxes
14%
$374
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300