This property might be a fair Mid-Term investment with a projected 5.81% first-year return on $66,762 initial cash invested.
5.81%
Cash On Cash
8.87%
Cap Rate
1.36
DSCR
$3,250
Rent
$323
Cashflow
Cash Flow
$3,250 income − $2,927 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,762
Downpayment
20%
$46,440
Closing costs
1%
$2,322
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,250
Total Expenses
$2,927
Mortgage P&I
39%
$1,263
Property Taxes
15%
$475
Home Insurance
3%
$83
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358