This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $66,762 initial cash invested.
4.46%
Cash On Cash
8.23%
Cap Rate
1.29
DSCR
$2,757
Rent
$248
Cashflow
Cash Flow
$2,757 income − $2,509 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,762
Downpayment
20%
$46,440
Closing costs
1%
$2,322
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,757
Total Expenses
$2,509
Mortgage P&I
45%
$1,235
Property Taxes
7%
$197
Home Insurance
5%
$140
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303