This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $69,135 initial cash invested.
0.21%
Cash On Cash
7.1%
Cap Rate
1.08
DSCR
$2,300
Rent
$12
Cashflow
Cash Flow
$2,300 income − $2,288 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,135
Downpayment
20%
$48,700
Closing costs
1%
$2,435
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,300
Total Expenses
$2,288
Mortgage P&I
58%
$1,336
Property Taxes
4%
$84
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253