This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $68,988 initial cash invested.
1.08%
Cash On Cash
7.58%
Cap Rate
1.12
DSCR
$2,634
Rent
$62
Cashflow
Cash Flow
$2,634 income − $2,572 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,988
Downpayment
20%
$48,560
Closing costs
1%
$2,428
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,634
Total Expenses
$2,572
Mortgage P&I
52%
$1,366
Property Taxes
8%
$223
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290