This property might be a fair Mid-Term investment with a projected 2.09% first-year return on $67,329 initial cash invested.
2.09%
Cash On Cash
7.78%
Cap Rate
1.17
DSCR
$2,556
Rent
$117
Cashflow
Cash Flow
$2,556 income − $2,439 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,556
Total Expenses
$2,439
Mortgage P&I
51%
$1,303
Property Taxes
7%
$185
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281