This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $65,040 initial cash invested.
0.54%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$2,170
Rent
$29
Cashflow
Cash Flow
$2,170 income − $2,141 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,040
Downpayment
20%
$44,800
Closing costs
1%
$2,240
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,170
Total Expenses
$2,141
Mortgage P&I
57%
$1,233
Property Taxes
4%
$92
Home Insurance
4%
$78
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239