This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $66,846 initial cash invested.
4.25%
Cash On Cash
8.34%
Cap Rate
1.27
DSCR
$2,625
Rent
$237
Cashflow
Cash Flow
$2,625 income − $2,388 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,846
Downpayment
20%
$46,520
Closing costs
1%
$2,326
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,625
Total Expenses
$2,388
Mortgage P&I
49%
$1,275
Property Taxes
5%
$131
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289