This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $67,602 initial cash invested.
0.34%
Cash On Cash
7.27%
Cap Rate
1.08
DSCR
$2,283
Rent
$19
Cashflow
Cash Flow
$2,283 income − $2,264 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,602
Downpayment
20%
$47,240
Closing costs
1%
$2,362
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,283
Total Expenses
$2,264
Mortgage P&I
58%
$1,321
Property Taxes
4%
$84
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$251