This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $68,379 initial cash invested.
1.65%
Cash On Cash
7.73%
Cap Rate
1.15
DSCR
$2,541
Rent
$94
Cashflow
Cash Flow
$2,541 income − $2,447 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$2,447
Mortgage P&I
53%
$1,349
Property Taxes
4%
$113
Home Insurance
3%
$84
HOA
1%
$36
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280