This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $67,749 initial cash invested.
3.47%
Cash On Cash
8.12%
Cap Rate
1.23
DSCR
$2,642
Rent
$196
Cashflow
Cash Flow
$2,642 income − $2,446 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,749
Downpayment
20%
$47,380
Closing costs
1%
$2,369
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,642
Total Expenses
$2,446
Mortgage P&I
49%
$1,301
Property Taxes
6%
$162
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291