This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $68,022 initial cash invested.
1.36%
Cash On Cash
7.59%
Cap Rate
1.13
DSCR
$2,427
Rent
$77
Cashflow
Cash Flow
$2,427 income − $2,350 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,022
Downpayment
20%
$47,640
Closing costs
1%
$2,382
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,427
Total Expenses
$2,350
Mortgage P&I
55%
$1,332
Property Taxes
4%
$107
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267