This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $65,859 initial cash invested.
1.02%
Cash On Cash
7.39%
Cap Rate
1.12
DSCR
$2,361
Rent
$56
Cashflow
Cash Flow
$2,361 income − $2,305 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,859
Downpayment
20%
$45,580
Closing costs
1%
$2,279
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,361
Total Expenses
$2,305
Mortgage P&I
53%
$1,254
Property Taxes
7%
$169
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260