This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $71,109 initial cash invested.
0.93%
Cash On Cash
7.47%
Cap Rate
1.12
DSCR
$2,814
Rent
$55
Cashflow
Cash Flow
$2,814 income − $2,759 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,109
Downpayment
20%
$50,580
Closing costs
1%
$2,529
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,814
Total Expenses
$2,759
Mortgage P&I
50%
$1,406
Property Taxes
11%
$315
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$84
Maintenance
4%
$113
Other
11%
$310