This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $66,993 initial cash invested.
0.23%
Cash On Cash
7.42%
Cap Rate
1.08
DSCR
$2,512
Rent
$13
Cashflow
Cash Flow
$2,512 income − $2,499 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,512
Total Expenses
$2,499
Mortgage P&I
53%
$1,330
Property Taxes
9%
$233
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276