This property might be a fair Mid-Term investment with a projected 7.66% first-year return on $66,867 initial cash invested.
7.66%
Cash On Cash
9.25%
Cap Rate
1.45
DSCR
$3,240
Rent
$427
Cashflow
Cash Flow
$3,240 income − $2,813 expenses = $427 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,867
Downpayment
20%
$46,540
Closing costs
1%
$2,327
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,240
Total Expenses
$2,813
Mortgage P&I
38%
$1,237
Property Taxes
13%
$406
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356