This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $67,077 initial cash invested.
4.71%
Cash On Cash
8.61%
Cap Rate
1.29
DSCR
$2,830
Rent
$263
Cashflow
Cash Flow
$2,830 income − $2,567 expenses = $263 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,077
Downpayment
20%
$46,740
Closing costs
1%
$2,337
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,830
Total Expenses
$2,567
Mortgage P&I
46%
$1,301
Property Taxes
8%
$224
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311