This property might be a fair Mid-Term investment with a projected 1.37% first-year return on $68,484 initial cash invested.
1.37%
Cash On Cash
7.63%
Cap Rate
1.14
DSCR
$2,715
Rent
$78
Cashflow
Cash Flow
$2,715 income − $2,637 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,484
Downpayment
20%
$48,080
Closing costs
1%
$2,404
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,715
Total Expenses
$2,637
Mortgage P&I
49%
$1,341
Property Taxes
11%
$297
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299