This property might be a fair Mid-Term investment with a projected 9.66% first-year return on $67,224 initial cash invested.
9.66%
Cash On Cash
10.1%
Cap Rate
1.51
DSCR
$3,078
Rent
$541
Cashflow
Cash Flow
$3,078 income − $2,537 expenses = $541 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,224
Downpayment
20%
$46,880
Closing costs
1%
$2,344
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,078
Total Expenses
$2,537
Mortgage P&I
43%
$1,308
Property Taxes
3%
$99
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339