This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $66,993 initial cash invested.
1.81%
Cash On Cash
7.78%
Cap Rate
1.15
DSCR
$2,541
Rent
$101
Cashflow
Cash Flow
$2,541 income − $2,440 expenses = $101 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,993
Downpayment
20%
$46,660
Closing costs
1%
$2,333
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$2,440
Mortgage P&I
52%
$1,310
Property Taxes
7%
$183
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280