This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $67,980 initial cash invested.
0.07%
Cash On Cash
7.12%
Cap Rate
1.09
DSCR
$2,739
Rent
$4
Cashflow
Cash Flow
$2,739 income − $2,735 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,980
Downpayment
20%
$47,600
Closing costs
1%
$2,380
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,735
Mortgage P&I
47%
$1,298
Property Taxes
15%
$419
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301