This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $68,526 initial cash invested.
3.03%
Cash On Cash
7.86%
Cap Rate
1.22
DSCR
$2,712
Rent
$173
Cashflow
Cash Flow
$2,712 income − $2,539 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,526
Downpayment
20%
$48,120
Closing costs
1%
$2,406
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,712
Total Expenses
$2,539
Mortgage P&I
48%
$1,294
Property Taxes
9%
$239
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298