This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $65,124 initial cash invested.
0.42%
Cash On Cash
7.31%
Cap Rate
1.09
DSCR
$2,384
Rent
$23
Cashflow
Cash Flow
$2,384 income − $2,361 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,124
Downpayment
20%
$44,880
Closing costs
1%
$2,244
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$2,361
Mortgage P&I
52%
$1,249
Property Taxes
9%
$222
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262