This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $68,022 initial cash invested.
1.55%
Cash On Cash
7.74%
Cap Rate
1.14
DSCR
$2,512
Rent
$88
Cashflow
Cash Flow
$2,512 income − $2,424 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,512
Total Expenses
$2,424
Mortgage P&I
54%
$1,349
Property Taxes
6%
$139
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276