This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $66,300 initial cash invested.
0.47%
Cash On Cash
7.1%
Cap Rate
1.09
DSCR
$2,061
Rent
$26
Cashflow
Cash Flow
$2,061 income − $2,035 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,061
Total Expenses
$2,035
Mortgage P&I
61%
$1,252
Property Taxes
0%
$3
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$227