This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $68,526 initial cash invested.
0.72%
Cash On Cash
7.5%
Cap Rate
1.1
DSCR
$2,463
Rent
$41
Cashflow
Cash Flow
$2,463 income − $2,422 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,526
Downpayment
20%
$48,120
Closing costs
1%
$2,406
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,463
Total Expenses
$2,422
Mortgage P&I
55%
$1,364
Property Taxes
5%
$133
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271