This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $66,279 initial cash invested.
2.15%
Cash On Cash
7.82%
Cap Rate
1.17
DSCR
$2,391
Rent
$119
Cashflow
Cash Flow
$2,391 income − $2,272 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,391
Total Expenses
$2,272
Mortgage P&I
54%
$1,284
Property Taxes
4%
$94
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263