This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $68,022 initial cash invested.
0.42%
Cash On Cash
7.4%
Cap Rate
1.1
DSCR
$2,828
Rent
$24
Cashflow
Cash Flow
$2,828 income − $2,804 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,828
Total Expenses
$2,804
Mortgage P&I
47%
$1,331
Property Taxes
15%
$435
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311