This property might be a fair Mid-Term investment with a projected 1.32% first-year return on $67,329 initial cash invested.
1.32%
Cash On Cash
7.6%
Cap Rate
1.13
DSCR
$2,458
Rent
$74
Cashflow
Cash Flow
$2,458 income − $2,384 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,458
Total Expenses
$2,384
Mortgage P&I
54%
$1,315
Property Taxes
6%
$152
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270