This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $66,090 initial cash invested.
1.67%
Cash On Cash
7.44%
Cap Rate
1.15
DSCR
$2,361
Rent
$92
Cashflow
Cash Flow
$2,361 income − $2,269 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,361
Total Expenses
$2,269
Mortgage P&I
52%
$1,234
Property Taxes
6%
$153
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260