This property might be a fair Mid-Term investment with a projected 0.17% first-year return on $70,206 initial cash invested.
0.17%
Cash On Cash
7.03%
Cap Rate
1.09
DSCR
$2,894
Rent
$10
Cashflow
Cash Flow
$2,894 income − $2,884 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$249k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,206
Downpayment
20%
$49,720
Closing costs
1%
$2,486
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,894
Total Expenses
$2,884
Mortgage P&I
46%
$1,331
Property Taxes
17%
$478
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318