This property might be a fair Mid-Term investment with a projected 0.67% first-year return on $66,300 initial cash invested.
0.67%
Cash On Cash
7.43%
Cap Rate
1.11
DSCR
$2,602
Rent
$37
Cashflow
Cash Flow
$2,602 income − $2,565 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,602
Total Expenses
$2,565
Mortgage P&I
49%
$1,283
Property Taxes
12%
$318
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286