This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $67,938 initial cash invested.
1.08%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$2,314
Rent
$61
Cashflow
Cash Flow
$2,314 income − $2,253 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,938
Downpayment
20%
$47,560
Closing costs
1%
$2,378
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,314
Total Expenses
$2,253
Mortgage P&I
56%
$1,298
Property Taxes
3%
$69
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$255