This property might be a fair Mid-Term investment with a projected 2.66% first-year return on $67,665 initial cash invested.
2.66%
Cash On Cash
7.83%
Cap Rate
1.2
DSCR
$2,547
Rent
$150
Cashflow
Cash Flow
$2,547 income − $2,397 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,665
Downpayment
20%
$47,300
Closing costs
1%
$2,365
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,547
Total Expenses
$2,397
Mortgage P&I
51%
$1,292
Property Taxes
6%
$155
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280