This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $65,628 initial cash invested.
1.88%
Cash On Cash
7.7%
Cap Rate
1.16
DSCR
$2,434
Rent
$103
Cashflow
Cash Flow
$2,434 income − $2,331 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,628
Downpayment
20%
$45,360
Closing costs
1%
$2,268
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,434
Total Expenses
$2,331
Mortgage P&I
52%
$1,256
Property Taxes
6%
$150
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268