This property might be a fair Mid-Term investment with a projected 2.16% first-year return on $67,098 initial cash invested.
2.16%
Cash On Cash
8.02%
Cap Rate
1.18
DSCR
$2,916
Rent
$121
Cashflow
Cash Flow
$2,916 income − $2,795 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,098
Downpayment
20%
$46,760
Closing costs
1%
$2,338
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,916
Total Expenses
$2,795
Mortgage P&I
45%
$1,324
Property Taxes
14%
$397
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$321