This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $73,251 initial cash invested.
1.65%
Cash On Cash
7.47%
Cap Rate
1.15
DSCR
$2,811
Rent
$101
Cashflow
Cash Flow
$2,811 income − $2,710 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,251
Downpayment
20%
$52,620
Closing costs
1%
$2,631
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,811
Total Expenses
$2,710
Mortgage P&I
51%
$1,424
Property Taxes
8%
$238
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309