This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $73,293 initial cash invested.
0.05%
Cash On Cash
7.2%
Cap Rate
1.07
DSCR
$2,564
Rent
$3
Cashflow
Cash Flow
$2,564 income − $2,561 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,293
Downpayment
20%
$52,660
Closing costs
1%
$2,633
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,564
Total Expenses
$2,561
Mortgage P&I
57%
$1,473
Property Taxes
4%
$105
Home Insurance
4%
$93
HOA
1%
$17
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282