This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $66,216 initial cash invested.
3.84%
Cash On Cash
8.46%
Cap Rate
1.25
DSCR
$2,696
Rent
$212
Cashflow
Cash Flow
$2,696 income − $2,484 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,216
Downpayment
20%
$45,920
Closing costs
1%
$2,296
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,696
Total Expenses
$2,484
Mortgage P&I
48%
$1,298
Property Taxes
7%
$186
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297