This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $66,657 initial cash invested.
2.86%
Cash On Cash
8.12%
Cap Rate
1.21
DSCR
$2,769
Rent
$159
Cashflow
Cash Flow
$2,769 income − $2,610 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,657
Downpayment
20%
$46,340
Closing costs
1%
$2,317
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,769
Total Expenses
$2,610
Mortgage P&I
47%
$1,298
Property Taxes
10%
$288
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305