This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $68,001 initial cash invested.
4.45%
Cash On Cash
8.69%
Cap Rate
1.28
DSCR
$3,184
Rent
$252
Cashflow
Cash Flow
$3,184 income − $2,932 expenses = $252 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,001
Downpayment
20%
$47,620
Closing costs
1%
$2,381
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,184
Total Expenses
$2,932
Mortgage P&I
42%
$1,345
Property Taxes
13%
$425
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$96
Maintenance
4%
$127
Other
11%
$350