This property might be a fair Mid-Term investment with a projected 2.01% first-year return on $66,405 initial cash invested.
2.01%
Cash On Cash
7.79%
Cap Rate
1.17
DSCR
$2,782
Rent
$111
Cashflow
Cash Flow
$2,782 income − $2,671 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,405
Downpayment
20%
$46,100
Closing costs
1%
$2,305
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,782
Total Expenses
$2,671
Mortgage P&I
46%
$1,274
Property Taxes
13%
$368
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306