This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $67,455 initial cash invested.
3.68%
Cash On Cash
8.35%
Cap Rate
1.24
DSCR
$2,648
Rent
$207
Cashflow
Cash Flow
$2,648 income − $2,441 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,455
Downpayment
20%
$47,100
Closing costs
1%
$2,355
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,648
Total Expenses
$2,441
Mortgage P&I
50%
$1,325
Property Taxes
5%
$132
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291