This property might be a fair Mid-Term investment with a projected 7.46% first-year return on $66,279 initial cash invested.
7.46%
Cash On Cash
9.16%
Cap Rate
1.43
DSCR
$2,793
Rent
$412
Cashflow
Cash Flow
$2,793 income − $2,381 expenses = $412 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,793
Total Expenses
$2,381
Mortgage P&I
44%
$1,231
Property Taxes
4%
$120
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307