This property might be a fair Mid-Term investment with a projected 3.07% first-year return on $67,644 initial cash invested.
3.07%
Cash On Cash
8.09%
Cap Rate
1.22
DSCR
$2,824
Rent
$173
Cashflow
Cash Flow
$2,824 income − $2,651 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,644
Downpayment
20%
$47,280
Closing costs
1%
$2,364
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,824
Total Expenses
$2,651
Mortgage P&I
46%
$1,308
Property Taxes
11%
$303
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311