This property might be a fair Mid-Term investment with a projected 1.25% first-year return on $67,371 initial cash invested.
1.25%
Cash On Cash
7.62%
Cap Rate
1.12
DSCR
$2,306
Rent
$70
Cashflow
Cash Flow
$2,306 income − $2,236 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,371
Downpayment
20%
$47,020
Closing costs
1%
$2,351
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,306
Total Expenses
$2,236
Mortgage P&I
58%
$1,331
Property Taxes
1%
$30
Home Insurance
4%
$87
HOA
0%
$4
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254