This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $67,329 initial cash invested.
0.68%
Cash On Cash
7.43%
Cap Rate
1.11
DSCR
$2,638
Rent
$38
Cashflow
Cash Flow
$2,638 income − $2,600 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,638
Total Expenses
$2,600
Mortgage P&I
50%
$1,310
Property Taxes
12%
$310
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290