This property might be a fair Mid-Term investment with a projected 9.21% first-year return on $67,098 initial cash invested.
9.21%
Cash On Cash
9.46%
Cap Rate
1.52
DSCR
$2,907
Rent
$515
Cashflow
Cash Flow
$2,907 income − $2,392 expenses = $515 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,098
Downpayment
20%
$46,760
Closing costs
1%
$2,338
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,907
Total Expenses
$2,392
Mortgage P&I
42%
$1,213
Property Taxes
4%
$109
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320