This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $68,190 initial cash invested.
1.57%
Cash On Cash
7.67%
Cap Rate
1.14
DSCR
$2,366
Rent
$89
Cashflow
Cash Flow
$2,366 income − $2,277 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,366
Total Expenses
$2,277
Mortgage P&I
57%
$1,344
Property Taxes
2%
$44
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260