This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $68,631 initial cash invested.
1.57%
Cash On Cash
7.45%
Cap Rate
1.15
DSCR
$2,721
Rent
$90
Cashflow
Cash Flow
$2,721 income − $2,631 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,631
Downpayment
20%
$48,220
Closing costs
1%
$2,411
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,721
Total Expenses
$2,631
Mortgage P&I
48%
$1,298
Property Taxes
12%
$321
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299