This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $66,027 initial cash invested.
0.64%
Cash On Cash
7.5%
Cap Rate
1.1
DSCR
$2,502
Rent
$35
Cashflow
Cash Flow
$2,502 income − $2,467 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,027
Downpayment
20%
$45,740
Closing costs
1%
$2,287
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,502
Total Expenses
$2,467
Mortgage P&I
52%
$1,294
Property Taxes
10%
$241
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275