This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $68,379 initial cash invested.
0.11%
Cash On Cash
7.31%
Cap Rate
1.08
DSCR
$2,440
Rent
$6
Cashflow
Cash Flow
$2,440 income − $2,434 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,440
Total Expenses
$2,434
Mortgage P&I
56%
$1,357
Property Taxes
7%
$163
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268