This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $70,458 initial cash invested.
1.33%
Cash On Cash
7.68%
Cap Rate
1.13
DSCR
$2,799
Rent
$78
Cashflow
Cash Flow
$2,799 income − $2,721 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,458
Downpayment
20%
$49,960
Closing costs
1%
$2,498
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,799
Total Expenses
$2,721
Mortgage P&I
50%
$1,408
Property Taxes
10%
$273
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308