This property might be a fair Mid-Term investment with a projected 6.95% first-year return on $67,497 initial cash invested.
6.95%
Cash On Cash
9.14%
Cap Rate
1.4
DSCR
$2,952
Rent
$391
Cashflow
Cash Flow
$2,952 income − $2,561 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,497
Downpayment
20%
$47,140
Closing costs
1%
$2,357
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,952
Total Expenses
$2,561
Mortgage P&I
44%
$1,286
Property Taxes
6%
$173
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325