This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $68,127 initial cash invested.
1.97%
Cash On Cash
7.87%
Cap Rate
1.16
DSCR
$2,712
Rent
$112
Cashflow
Cash Flow
$2,712 income − $2,600 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,127
Downpayment
20%
$47,740
Closing costs
1%
$2,387
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,712
Total Expenses
$2,600
Mortgage P&I
50%
$1,346
Property Taxes
9%
$250
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298