This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $66,279 initial cash invested.
4.71%
Cash On Cash
8.58%
Cap Rate
1.29
DSCR
$2,751
Rent
$260
Cashflow
Cash Flow
$2,751 income − $2,491 expenses = $260 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,751
Total Expenses
$2,491
Mortgage P&I
46%
$1,274
Property Taxes
7%
$201
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303