This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $68,400 initial cash invested.
0.11%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$2,312
Rent
$6
Cashflow
Cash Flow
$2,312 income − $2,306 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,312
Total Expenses
$2,306
Mortgage P&I
57%
$1,310
Property Taxes
6%
$128
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254