This property might be a fair Mid-Term investment with a projected 2.75% first-year return on $68,106 initial cash invested.
2.75%
Cash On Cash
8.12%
Cap Rate
1.2
DSCR
$2,808
Rent
$156
Cashflow
Cash Flow
$2,808 income − $2,652 expenses = $156 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,808
Total Expenses
$2,652
Mortgage P&I
48%
$1,346
Property Taxes
10%
$268
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309