This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $69,597 initial cash invested.
1.45%
Cash On Cash
7.69%
Cap Rate
1.14
DSCR
$2,710
Rent
$84
Cashflow
Cash Flow
$2,710 income − $2,626 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,597
Downpayment
20%
$49,140
Closing costs
1%
$2,457
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,710
Total Expenses
$2,626
Mortgage P&I
51%
$1,383
Property Taxes
9%
$234
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298