This property might be a fair Mid-Term investment with a projected 0.22% first-year return on $70,479 initial cash invested.
0.22%
Cash On Cash
7.26%
Cap Rate
1.08
DSCR
$2,586
Rent
$13
Cashflow
Cash Flow
$2,586 income − $2,573 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,586
Total Expenses
$2,573
Mortgage P&I
54%
$1,395
Property Taxes
8%
$212
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284