This property might be a fair Mid-Term investment with a projected 0.63% first-year return on $64,767 initial cash invested.
0.63%
Cash On Cash
7.12%
Cap Rate
1.11
DSCR
$2,354
Rent
$34
Cashflow
Cash Flow
$2,354 income − $2,320 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$223k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,767
Downpayment
20%
$44,540
Closing costs
1%
$2,227
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,354
Total Expenses
$2,320
Mortgage P&I
51%
$1,194
Property Taxes
9%
$221
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259