This property might be a fair Mid-Term investment with a projected 2.49% first-year return on $72,159 initial cash invested.
2.49%
Cash On Cash
7.57%
Cap Rate
1.18
DSCR
$2,508
Rent
$150
Cashflow
Cash Flow
$2,508 income − $2,358 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,159
Downpayment
20%
$51,580
Closing costs
1%
$2,579
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,508
Total Expenses
$2,358
Mortgage P&I
55%
$1,376
Property Taxes
1%
$37
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276