This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $68,127 initial cash invested.
0.39%
Cash On Cash
7.29%
Cap Rate
1.09
DSCR
$2,342
Rent
$22
Cashflow
Cash Flow
$2,342 income − $2,320 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,127
Downpayment
20%
$47,740
Closing costs
1%
$2,387
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,342
Total Expenses
$2,320
Mortgage P&I
57%
$1,335
Property Taxes
4%
$102
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258