This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $67,518 initial cash invested.
0.11%
Cash On Cash
6.94%
Cap Rate
1.08
DSCR
$2,500
Rent
$6
Cashflow
Cash Flow
$2,500 income − $2,494 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,518
Downpayment
20%
$47,160
Closing costs
1%
$2,358
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,500
Total Expenses
$2,494
Mortgage P&I
50%
$1,258
Property Taxes
12%
$302
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275