This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $66,909 initial cash invested.
1.08%
Cash On Cash
7.08%
Cap Rate
1.12
DSCR
$2,186
Rent
$60
Cashflow
Cash Flow
$2,186 income − $2,126 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,909
Downpayment
20%
$46,580
Closing costs
1%
$2,329
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,186
Total Expenses
$2,126
Mortgage P&I
56%
$1,228
Property Taxes
3%
$72
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240