This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $72,432 initial cash invested.
1.87%
Cash On Cash
7.09%
Cap Rate
1.16
DSCR
$2,438
Rent
$113
Cashflow
Cash Flow
$2,438 income − $2,325 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,432
Downpayment
20%
$51,840
Closing costs
1%
$2,592
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,438
Total Expenses
$2,325
Mortgage P&I
54%
$1,320
Property Taxes
3%
$81
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268