This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $67,917 initial cash invested.
0.37%
Cash On Cash
6.65%
Cap Rate
1.09
DSCR
$2,272
Rent
$21
Cashflow
Cash Flow
$2,272 income − $2,251 expenses = $21 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,917
Downpayment
20%
$47,540
Closing costs
1%
$2,377
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,272
Total Expenses
$2,251
Mortgage P&I
53%
$1,205
Property Taxes
8%
$179
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250