This property might be a fair Mid-Term investment with a projected 0.12% first-year return on $70,290 initial cash invested.
0.12%
Cash On Cash
7.07%
Cap Rate
1.08
DSCR
$2,624
Rent
$7
Cashflow
Cash Flow
$2,624 income − $2,617 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,290
Downpayment
20%
$49,800
Closing costs
1%
$2,490
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,624
Total Expenses
$2,617
Mortgage P&I
52%
$1,355
Property Taxes
11%
$282
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289