This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $68,379 initial cash invested.
0.05%
Cash On Cash
7.29%
Cap Rate
1.07
DSCR
$2,288
Rent
$3
Cashflow
Cash Flow
$2,288 income − $2,285 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,288
Total Expenses
$2,285
Mortgage P&I
60%
$1,363
Property Taxes
3%
$58
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$275
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$252