This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $72,579 initial cash invested.
0.99%
Cash On Cash
7.3%
Cap Rate
1.11
DSCR
$2,502
Rent
$60
Cashflow
Cash Flow
$2,502 income − $2,442 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,502
Total Expenses
$2,442
Mortgage P&I
57%
$1,421
Property Taxes
3%
$80
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275