This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $68,064 initial cash invested.
1.66%
Cash On Cash
7.57%
Cap Rate
1.14
DSCR
$2,403
Rent
$94
Cashflow
Cash Flow
$2,403 income − $2,309 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,064
Downpayment
20%
$47,680
Closing costs
1%
$2,384
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,403
Total Expenses
$2,309
Mortgage P&I
55%
$1,314
Property Taxes
4%
$96
Home Insurance
3%
$83
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264