This property might be a fair Mid-Term investment with a projected 5.77% first-year return on $68,022 initial cash invested.
5.77%
Cash On Cash
8.92%
Cap Rate
1.33
DSCR
$2,932
Rent
$327
Cashflow
Cash Flow
$2,932 income − $2,605 expenses = $327 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,932
Total Expenses
$2,605
Mortgage P&I
45%
$1,326
Property Taxes
7%
$197
Home Insurance
3%
$85
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$323