This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $67,203 initial cash invested.
1.55%
Cash On Cash
7.72%
Cap Rate
1.14
DSCR
$2,418
Rent
$87
Cashflow
Cash Flow
$2,418 income − $2,331 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,203
Downpayment
20%
$46,860
Closing costs
1%
$2,343
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,418
Total Expenses
$2,331
Mortgage P&I
55%
$1,324
Property Taxes
4%
$102
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266