This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $67,413 initial cash invested.
0.48%
Cash On Cash
7.37%
Cap Rate
1.09
DSCR
$2,452
Rent
$27
Cashflow
Cash Flow
$2,452 income − $2,425 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,413
Downpayment
20%
$47,060
Closing costs
1%
$2,353
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,452
Total Expenses
$2,425
Mortgage P&I
54%
$1,321
Property Taxes
8%
$186
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270