This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $70,479 initial cash invested.
0.29%
Cash On Cash
7.02%
Cap Rate
1.09
DSCR
$2,541
Rent
$17
Cashflow
Cash Flow
$2,541 income − $2,524 expenses = $17 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$2,524
Mortgage P&I
53%
$1,342
Property Taxes
9%
$229
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280