This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $67,245 initial cash invested.
0.66%
Cash On Cash
7.32%
Cap Rate
1.1
DSCR
$2,254
Rent
$37
Cashflow
Cash Flow
$2,254 income − $2,217 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,245
Downpayment
20%
$46,900
Closing costs
1%
$2,345
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,254
Total Expenses
$2,217
Mortgage P&I
58%
$1,304
Property Taxes
3%
$67
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248