This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $66,993 initial cash invested.
7.74%
Cash On Cash
9.55%
Cap Rate
1.43
DSCR
$3,135
Rent
$432
Cashflow
Cash Flow
$3,135 income − $2,703 expenses = $432 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,993
Downpayment
20%
$46,660
Closing costs
1%
$2,333
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,135
Total Expenses
$2,703
Mortgage P&I
41%
$1,299
Property Taxes
8%
$263
Home Insurance
2%
$76
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345