This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $69,345 initial cash invested.
1.92%
Cash On Cash
7.83%
Cap Rate
1.16
DSCR
$2,674
Rent
$111
Cashflow
Cash Flow
$2,674 income − $2,563 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,345
Downpayment
20%
$48,900
Closing costs
1%
$2,445
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,674
Total Expenses
$2,563
Mortgage P&I
52%
$1,378
Property Taxes
7%
$189
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294