This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $67,161 initial cash invested.
0.96%
Cash On Cash
6.89%
Cap Rate
1.12
DSCR
$2,330
Rent
$54
Cashflow
Cash Flow
$2,330 income − $2,276 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,161
Downpayment
20%
$46,820
Closing costs
1%
$2,341
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,330
Total Expenses
$2,276
Mortgage P&I
51%
$1,197
Property Taxes
8%
$193
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256