This property might be a fair Mid-Term investment with a projected 1% first-year return on $67,014 initial cash invested.
1%
Cash On Cash
7.61%
Cap Rate
1.12
DSCR
$2,610
Rent
$56
Cashflow
Cash Flow
$2,610 income − $2,554 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$233k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,014
Downpayment
20%
$46,680
Closing costs
1%
$2,334
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,610
Total Expenses
$2,554
Mortgage P&I
51%
$1,320
Property Taxes
10%
$253
Home Insurance
3%
$82
HOA
1%
$13
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287