This property might be a fair Mid-Term investment with a projected 3.81% first-year return on $67,035 initial cash invested.
3.81%
Cash On Cash
8.42%
Cap Rate
1.26
DSCR
$3,128
Rent
$213
Cashflow
Cash Flow
$3,128 income − $2,915 expenses = $213 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,035
Downpayment
20%
$46,700
Closing costs
1%
$2,335
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,128
Total Expenses
$2,915
Mortgage P&I
42%
$1,300
Property Taxes
15%
$479
Home Insurance
2%
$73
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344