This property might be a fair Mid-Term investment with a projected 2.62% first-year return on $68,190 initial cash invested.
2.62%
Cash On Cash
8.06%
Cap Rate
1.2
DSCR
$2,972
Rent
$149
Cashflow
Cash Flow
$2,972 income − $2,823 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,972
Total Expenses
$2,823
Mortgage P&I
45%
$1,338
Property Taxes
13%
$390
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327