This property might be a fair Mid-Term investment with a projected 9.27% first-year return on $66,279 initial cash invested.
9.27%
Cash On Cash
10.11%
Cap Rate
1.49
DSCR
$3,081
Rent
$512
Cashflow
Cash Flow
$3,081 income − $2,569 expenses = $512 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,081
Total Expenses
$2,569
Mortgage P&I
42%
$1,302
Property Taxes
5%
$140
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339