This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $67,350 initial cash invested.
3.63%
Cash On Cash
8.39%
Cap Rate
1.25
DSCR
$3,110
Rent
$204
Cashflow
Cash Flow
$3,110 income − $2,906 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,110
Total Expenses
$2,906
Mortgage P&I
42%
$1,316
Property Taxes
15%
$452
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342