This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $68,148 initial cash invested.
5.93%
Cash On Cash
8.67%
Cap Rate
1.35
DSCR
$2,816
Rent
$337
Cashflow
Cash Flow
$2,816 income − $2,479 expenses = $337 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,148
Downpayment
20%
$47,760
Closing costs
1%
$2,388
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,816
Total Expenses
$2,479
Mortgage P&I
45%
$1,275
Property Taxes
5%
$152
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$84
Maintenance
4%
$113
Other
11%
$310