This property might be a fair Mid-Term investment with a projected 2.01% first-year return on $68,211 initial cash invested.
2.01%
Cash On Cash
7.8%
Cap Rate
1.16
DSCR
$2,493
Rent
$114
Cashflow
Cash Flow
$2,493 income − $2,379 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,211
Downpayment
20%
$47,820
Closing costs
1%
$2,391
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,493
Total Expenses
$2,379
Mortgage P&I
54%
$1,340
Property Taxes
4%
$107
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274