This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $66,594 initial cash invested.
0.72%
Cash On Cash
7.31%
Cap Rate
1.11
DSCR
$2,601
Rent
$40
Cashflow
Cash Flow
$2,601 income − $2,561 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,594
Downpayment
20%
$46,280
Closing costs
1%
$2,314
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,601
Total Expenses
$2,561
Mortgage P&I
49%
$1,265
Property Taxes
13%
$326
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286