This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $67,707 initial cash invested.
0.41%
Cash On Cash
7.41%
Cap Rate
1.09
DSCR
$2,456
Rent
$23
Cashflow
Cash Flow
$2,456 income − $2,433 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,707
Downpayment
20%
$47,340
Closing costs
1%
$2,367
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,456
Total Expenses
$2,433
Mortgage P&I
55%
$1,340
Property Taxes
7%
$174
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270