This property might be a fair Mid-Term investment with a projected 2.13% first-year return on $71,991 initial cash invested.
2.13%
Cash On Cash
7.51%
Cap Rate
1.18
DSCR
$2,852
Rent
$128
Cashflow
Cash Flow
$2,852 income − $2,724 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,991
Downpayment
20%
$51,420
Closing costs
1%
$2,571
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,852
Total Expenses
$2,724
Mortgage P&I
48%
$1,368
Property Taxes
10%
$290
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314