This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $67,539 initial cash invested.
1.55%
Cash On Cash
7.53%
Cap Rate
1.14
DSCR
$2,336
Rent
$87
Cashflow
Cash Flow
$2,336 income − $2,249 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,539
Downpayment
20%
$47,180
Closing costs
1%
$2,359
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,336
Total Expenses
$2,249
Mortgage P&I
56%
$1,300
Property Taxes
3%
$73
Home Insurance
4%
$83
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257