This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $67,350 initial cash invested.
0.53%
Cash On Cash
6.99%
Cap Rate
1.09
DSCR
$2,082
Rent
$30
Cashflow
Cash Flow
$2,082 income − $2,052 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,082
Total Expenses
$2,052
Mortgage P&I
60%
$1,255
Property Taxes
0%
$8
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$229