This property might be a fair Mid-Term investment with a projected 6.37% first-year return on $67,434 initial cash invested.
6.37%
Cash On Cash
9.03%
Cap Rate
1.37
DSCR
$3,118
Rent
$358
Cashflow
Cash Flow
$3,118 income − $2,760 expenses = $358 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,434
Downpayment
20%
$47,080
Closing costs
1%
$2,354
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,118
Total Expenses
$2,760
Mortgage P&I
41%
$1,289
Property Taxes
10%
$308
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343