This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $67,749 initial cash invested.
1.93%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$2,504
Rent
$109
Cashflow
Cash Flow
$2,504 income − $2,395 expenses = $109 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
$2,504
Total Expenses
$2,395
Mortgage P&I
52%
$1,293
Property Taxes
7%
$166
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275