This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $69,093 initial cash invested.
0.92%
Cash On Cash
7.23%
Cap Rate
1.11
DSCR
$2,392
Rent
$53
Cashflow
Cash Flow
$2,392 income − $2,339 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,093
Downpayment
20%
$48,660
Closing costs
1%
$2,433
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,392
Total Expenses
$2,339
Mortgage P&I
55%
$1,317
Property Taxes
4%
$103
Home Insurance
4%
$88
HOA
1%
$17
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263