This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $72,579 initial cash invested.
1.17%
Cash On Cash
7.67%
Cap Rate
1.12
DSCR
$2,720
Rent
$71
Cashflow
Cash Flow
$2,720 income − $2,649 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,720
Total Expenses
$2,649
Mortgage P&I
54%
$1,482
Property Taxes
6%
$151
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299