This property might be a fair Mid-Term investment with a projected 5.55% first-year return on $66,321 initial cash invested.
5.55%
Cash On Cash
8.71%
Cap Rate
1.34
DSCR
$2,846
Rent
$307
Cashflow
Cash Flow
$2,846 income − $2,539 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,321
Downpayment
20%
$46,020
Closing costs
1%
$2,301
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,846
Total Expenses
$2,539
Mortgage P&I
44%
$1,249
Property Taxes
8%
$240
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313