This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $68,106 initial cash invested.
5.88%
Cash On Cash
8.92%
Cap Rate
1.34
DSCR
$2,782
Rent
$334
Cashflow
Cash Flow
$2,782 income − $2,448 expenses = $334 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,782
Total Expenses
$2,448
Mortgage P&I
48%
$1,328
Property Taxes
3%
$89
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306