This property might be a fair Mid-Term investment with a projected 2.15% first-year return on $68,085 initial cash invested.
2.15%
Cash On Cash
7.91%
Cap Rate
1.18
DSCR
$2,858
Rent
$122
Cashflow
Cash Flow
$2,858 income − $2,736 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,085
Downpayment
20%
$47,700
Closing costs
1%
$2,385
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,858
Total Expenses
$2,736
Mortgage P&I
47%
$1,337
Property Taxes
12%
$344
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314