This property might be a fair Mid-Term investment with a projected 0.33% first-year return on $68,484 initial cash invested.
0.33%
Cash On Cash
7.1%
Cap Rate
1.1
DSCR
$2,904
Rent
$19
Cashflow
Cash Flow
$2,904 income − $2,885 expenses = $19 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,484
Downpayment
20%
$48,080
Closing costs
1%
$2,404
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,904
Total Expenses
$2,885
Mortgage P&I
44%
$1,288
Property Taxes
18%
$524
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319