This property might be a fair Mid-Term investment with a projected 3.76% first-year return on $67,350 initial cash invested.
3.76%
Cash On Cash
8.2%
Cap Rate
1.25
DSCR
$2,884
Rent
$211
Cashflow
Cash Flow
$2,884 income − $2,673 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,884
Total Expenses
$2,673
Mortgage P&I
44%
$1,279
Property Taxes
12%
$332
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317