This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $69,450 initial cash invested.
1.37%
Cash On Cash
7.6%
Cap Rate
1.13
DSCR
$2,626
Rent
$79
Cashflow
Cash Flow
$2,626 income − $2,547 expenses = $79 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,626
Total Expenses
$2,547
Mortgage P&I
52%
$1,368
Property Taxes
8%
$200
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289