This property might be a fair Mid-Term investment with a projected 6.48% first-year return on $68,190 initial cash invested.
6.48%
Cash On Cash
9.12%
Cap Rate
1.36
DSCR
$2,838
Rent
$368
Cashflow
Cash Flow
$2,838 income − $2,470 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,838
Total Expenses
$2,470
Mortgage P&I
47%
$1,334
Property Taxes
3%
$86
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$312