This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $71,508 initial cash invested.
1.02%
Cash On Cash
7.35%
Cap Rate
1.12
DSCR
$2,692
Rent
$61
Cashflow
Cash Flow
$2,692 income − $2,631 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,508
Downpayment
20%
$50,960
Closing costs
1%
$2,548
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,692
Total Expenses
$2,631
Mortgage P&I
52%
$1,391
Property Taxes
9%
$233
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296