This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $71,550 initial cash invested.
1.39%
Cash On Cash
7.54%
Cap Rate
1.13
DSCR
$2,678
Rent
$83
Cashflow
Cash Flow
$2,678 income − $2,595 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,678
Total Expenses
$2,595
Mortgage P&I
53%
$1,412
Property Taxes
7%
$184
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295