This property might be a fair Mid-Term investment with a projected 0.84% first-year return on $68,379 initial cash invested.
0.84%
Cash On Cash
7.22%
Cap Rate
1.11
DSCR
$2,240
Rent
$48
Cashflow
Cash Flow
$2,240 income − $2,192 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,240
Total Expenses
$2,192
Mortgage P&I
58%
$1,306
Property Taxes
2%
$40
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$246