This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $67,350 initial cash invested.
1.87%
Cash On Cash
7.45%
Cap Rate
1.18
DSCR
$2,847
Rent
$105
Cashflow
Cash Flow
$2,847 income − $2,742 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,847
Total Expenses
$2,742
Mortgage P&I
44%
$1,240
Property Taxes
16%
$452
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313