This property might be a fair Mid-Term investment with a projected 6.78% first-year return on $68,190 initial cash invested.
6.78%
Cash On Cash
9.17%
Cap Rate
1.37
DSCR
$2,740
Rent
$385
Cashflow
Cash Flow
$2,740 income − $2,355 expenses = $385 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
$2,740
Total Expenses
$2,355
Mortgage P&I
49%
$1,331
Property Taxes
0%
$8
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301