This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $72,180 initial cash invested.
0.63%
Cash On Cash
7.26%
Cap Rate
1.1
DSCR
$2,664
Rent
$38
Cashflow
Cash Flow
$2,664 income − $2,626 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,180
Downpayment
20%
$51,600
Closing costs
1%
$2,580
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,664
Total Expenses
$2,626
Mortgage P&I
53%
$1,416
Property Taxes
8%
$212
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293