This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $68,463 initial cash invested.
4.33%
Cash On Cash
8.2%
Cap Rate
1.28
DSCR
$2,716
Rent
$247
Cashflow
Cash Flow
$2,716 income − $2,469 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,463
Downpayment
20%
$48,060
Closing costs
1%
$2,403
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,716
Total Expenses
$2,469
Mortgage P&I
47%
$1,286
Property Taxes
6%
$168
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299