This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $67,077 initial cash invested.
6.1%
Cash On Cash
8.94%
Cap Rate
1.35
DSCR
$2,798
Rent
$341
Cashflow
Cash Flow
$2,798 income − $2,457 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,077
Downpayment
20%
$46,740
Closing costs
1%
$2,337
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,798
Total Expenses
$2,457
Mortgage P&I
46%
$1,289
Property Taxes
5%
$132
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308