This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $67,770 initial cash invested.
5.38%
Cash On Cash
8.46%
Cap Rate
1.32
DSCR
$2,620
Rent
$304
Cashflow
Cash Flow
$2,620 income − $2,316 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,770
Downpayment
20%
$47,400
Closing costs
1%
$2,370
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,620
Total Expenses
$2,316
Mortgage P&I
48%
$1,262
Property Taxes
2%
$65
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288