This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $66,699 initial cash invested.
0.83%
Cash On Cash
7.14%
Cap Rate
1.12
DSCR
$2,432
Rent
$46
Cashflow
Cash Flow
$2,432 income − $2,386 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,699
Downpayment
20%
$46,380
Closing costs
1%
$2,319
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,432
Total Expenses
$2,386
Mortgage P&I
51%
$1,237
Property Taxes
10%
$238
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268