This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $67,959 initial cash invested.
1.91%
Cash On Cash
7.67%
Cap Rate
1.16
DSCR
$2,582
Rent
$108
Cashflow
Cash Flow
$2,582 income − $2,474 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,959
Downpayment
20%
$47,580
Closing costs
1%
$2,379
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,582
Total Expenses
$2,474
Mortgage P&I
51%
$1,310
Property Taxes
7%
$191
Home Insurance
3%
$86
HOA
0%
$10
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284