This property might be a fair Mid-Term investment with a projected 1.26% first-year return on $68,673 initial cash invested.
1.26%
Cash On Cash
7.61%
Cap Rate
1.13
DSCR
$2,752
Rent
$72
Cashflow
Cash Flow
$2,752 income − $2,680 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,673
Downpayment
20%
$48,260
Closing costs
1%
$2,413
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,752
Total Expenses
$2,680
Mortgage P&I
49%
$1,349
Property Taxes
11%
$290
Home Insurance
3%
$85
HOA
1%
$20
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303