This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $68,694 initial cash invested.
0.72%
Cash On Cash
7.45%
Cap Rate
1.11
DSCR
$2,612
Rent
$41
Cashflow
Cash Flow
$2,612 income − $2,571 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,694
Downpayment
20%
$48,280
Closing costs
1%
$2,414
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,612
Total Expenses
$2,571
Mortgage P&I
52%
$1,354
Property Taxes
9%
$243
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287