This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $67,665 initial cash invested.
0.18%
Cash On Cash
7.11%
Cap Rate
1.08
DSCR
$2,403
Rent
$10
Cashflow
Cash Flow
$2,403 income − $2,393 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,665
Downpayment
20%
$47,300
Closing costs
1%
$2,365
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,403
Total Expenses
$2,393
Mortgage P&I
54%
$1,295
Property Taxes
7%
$166
Home Insurance
5%
$116
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264