This property might be a fair Mid-Term investment with a projected 5.85% first-year return on $67,518 initial cash invested.
5.85%
Cash On Cash
9.04%
Cap Rate
1.34
DSCR
$2,944
Rent
$329
Cashflow
Cash Flow
$2,944 income − $2,615 expenses = $329 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,518
Downpayment
20%
$47,160
Closing costs
1%
$2,358
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,944
Total Expenses
$2,615
Mortgage P&I
45%
$1,330
Property Taxes
7%
$200
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324