This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $73,104 initial cash invested.
1.36%
Cash On Cash
7.42%
Cap Rate
1.13
DSCR
$2,576
Rent
$83
Cashflow
Cash Flow
$2,576 income − $2,493 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,104
Downpayment
20%
$52,480
Closing costs
1%
$2,624
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,576
Total Expenses
$2,493
Mortgage P&I
56%
$1,437
Property Taxes
3%
$70
Home Insurance
4%
$91
HOA
1%
$20
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283