This property might be a fair Mid-Term investment with a projected 9.34% first-year return on $68,379 initial cash invested.
9.34%
Cash On Cash
10.01%
Cap Rate
1.5
DSCR
$3,297
Rent
$532
Cashflow
Cash Flow
$3,297 income − $2,765 expenses = $532 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,297
Total Expenses
$2,765
Mortgage P&I
41%
$1,337
Property Taxes
7%
$220
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363