This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $68,778 initial cash invested.
1.17%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$2,562
Rent
$67
Cashflow
Cash Flow
$2,562 income − $2,495 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,778
Downpayment
20%
$48,360
Closing costs
1%
$2,418
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,562
Total Expenses
$2,495
Mortgage P&I
53%
$1,353
Property Taxes
7%
$186
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282