This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $68,400 initial cash invested.
4.56%
Cash On Cash
8.62%
Cap Rate
1.27
DSCR
$2,649
Rent
$260
Cashflow
Cash Flow
$2,649 income − $2,389 expenses = $260 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,649
Total Expenses
$2,389
Mortgage P&I
51%
$1,358
Property Taxes
2%
$47
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291