This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $66,258 initial cash invested.
2.34%
Cash On Cash
7.91%
Cap Rate
1.19
DSCR
$2,746
Rent
$129
Cashflow
Cash Flow
$2,746 income − $2,617 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,258
Downpayment
20%
$45,960
Closing costs
1%
$2,298
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$2,617
Mortgage P&I
46%
$1,275
Property Taxes
11%
$298
Home Insurance
3%
$79
HOA
1%
$31
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302