This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $68,043 initial cash invested.
4.62%
Cash On Cash
8.44%
Cap Rate
1.3
DSCR
$3,231
Rent
$262
Cashflow
Cash Flow
$3,231 income − $2,969 expenses = $262 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,043
Downpayment
20%
$47,660
Closing costs
1%
$2,383
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,231
Total Expenses
$2,969
Mortgage P&I
40%
$1,286
Property Taxes
15%
$483
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355