This property might be a fair Mid-Term investment with a projected 4.53% first-year return on $66,279 initial cash invested.
4.53%
Cash On Cash
8.43%
Cap Rate
1.29
DSCR
$2,768
Rent
$250
Cashflow
Cash Flow
$2,768 income − $2,518 expenses = $250 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,768
Total Expenses
$2,518
Mortgage P&I
45%
$1,254
Property Taxes
9%
$243
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304