This property might be a fair Mid-Term investment with a projected 7.42% first-year return on $67,287 initial cash invested.
7.42%
Cash On Cash
9.41%
Cap Rate
1.41
DSCR
$2,966
Rent
$416
Cashflow
Cash Flow
$2,966 income − $2,550 expenses = $416 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,966
Total Expenses
$2,550
Mortgage P&I
44%
$1,306
Property Taxes
5%
$156
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326