This property might be a fair Mid-Term investment with a projected 2.38% first-year return on $68,190 initial cash invested.
2.38%
Cash On Cash
7.82%
Cap Rate
1.18
DSCR
$2,530
Rent
$135
Cashflow
Cash Flow
$2,530 income − $2,395 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,530
Total Expenses
$2,395
Mortgage P&I
52%
$1,321
Property Taxes
5%
$130
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278