This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $67,350 initial cash invested.
0.05%
Cash On Cash
7.2%
Cap Rate
1.07
DSCR
$2,232
Rent
$3
Cashflow
Cash Flow
$2,232 income − $2,229 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,232
Total Expenses
$2,229
Mortgage P&I
59%
$1,318
Property Taxes
3%
$70
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246