This property might be a fair Mid-Term investment with a projected 1.42% first-year return on $68,610 initial cash invested.
1.42%
Cash On Cash
7.47%
Cap Rate
1.13
DSCR
$2,404
Rent
$81
Cashflow
Cash Flow
$2,404 income − $2,323 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,610
Downpayment
20%
$48,200
Closing costs
1%
$2,410
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,404
Total Expenses
$2,323
Mortgage P&I
55%
$1,323
Property Taxes
4%
$91
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264