This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $69,072 initial cash invested.
0.8%
Cash On Cash
7.45%
Cap Rate
1.11
DSCR
$2,516
Rent
$46
Cashflow
Cash Flow
$2,516 income − $2,470 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,072
Downpayment
20%
$48,640
Closing costs
1%
$2,432
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,516
Total Expenses
$2,470
Mortgage P&I
54%
$1,362
Property Taxes
7%
$165
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277