This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $68,295 initial cash invested.
0.47%
Cash On Cash
7.29%
Cap Rate
1.09
DSCR
$2,376
Rent
$27
Cashflow
Cash Flow
$2,376 income − $2,349 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,295
Downpayment
20%
$47,900
Closing costs
1%
$2,395
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,376
Total Expenses
$2,349
Mortgage P&I
56%
$1,332
Property Taxes
5%
$124
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261