This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $71,550 initial cash invested.
1.46%
Cash On Cash
7.6%
Cap Rate
1.14
DSCR
$2,883
Rent
$87
Cashflow
Cash Flow
$2,883 income − $2,796 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,550
Downpayment
20%
$51,000
Closing costs
1%
$2,550
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,883
Total Expenses
$2,796
Mortgage P&I
49%
$1,413
Property Taxes
11%
$315
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$317