This property might be a fair Mid-Term investment with a projected 4.66% first-year return on $67,791 initial cash invested.
4.66%
Cash On Cash
8.43%
Cap Rate
1.28
DSCR
$2,631
Rent
$263
Cashflow
Cash Flow
$2,631 income − $2,368 expenses = $263 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,791
Downpayment
20%
$47,420
Closing costs
1%
$2,371
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,631
Total Expenses
$2,368
Mortgage P&I
49%
$1,297
Property Taxes
2%
$64
Home Insurance
3%
$84
HOA
1%
$29
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289