This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $66,636 initial cash invested.
0.54%
Cash On Cash
6.94%
Cap Rate
1.11
DSCR
$2,709
Rent
$30
Cashflow
Cash Flow
$2,709 income − $2,679 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,636
Downpayment
20%
$46,320
Closing costs
1%
$2,316
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,709
Total Expenses
$2,679
Mortgage P&I
44%
$1,202
Property Taxes
18%
$477
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298