This property might be a fair Mid-Term investment with a projected 2.29% first-year return on $67,119 initial cash invested.
2.29%
Cash On Cash
8.11%
Cap Rate
1.19
DSCR
$2,968
Rent
$128
Cashflow
Cash Flow
$2,968 income − $2,840 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,119
Downpayment
20%
$46,780
Closing costs
1%
$2,339
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,968
Total Expenses
$2,840
Mortgage P&I
45%
$1,334
Property Taxes
4%
$128
Home Insurance
3%
$84
HOA
10%
$285
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326