This property might be a fair Mid-Term investment with a projected 2.76% first-year return on $67,350 initial cash invested.
2.76%
Cash On Cash
7.77%
Cap Rate
1.21
DSCR
$2,595
Rent
$155
Cashflow
Cash Flow
$2,595 income − $2,440 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,595
Total Expenses
$2,440
Mortgage P&I
49%
$1,262
Property Taxes
8%
$214
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285