This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $67,287 initial cash invested.
2.07%
Cash On Cash
7.65%
Cap Rate
1.17
DSCR
$2,398
Rent
$116
Cashflow
Cash Flow
$2,398 income − $2,282 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,398
Total Expenses
$2,282
Mortgage P&I
54%
$1,284
Property Taxes
4%
$98
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264