This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $67,182 initial cash invested.
4.45%
Cash On Cash
8.43%
Cap Rate
1.28
DSCR
$2,752
Rent
$249
Cashflow
Cash Flow
$2,752 income − $2,503 expenses = $249 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,182
Downpayment
20%
$46,840
Closing costs
1%
$2,342
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,752
Total Expenses
$2,503
Mortgage P&I
47%
$1,286
Property Taxes
7%
$179
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303