This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $65,712 initial cash invested.
0.6%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$2,966
Rent
$33
Cashflow
Cash Flow
$2,966 income − $2,933 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,712
Downpayment
20%
$45,440
Closing costs
1%
$2,272
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,966
Total Expenses
$2,933
Mortgage P&I
42%
$1,258
Property Taxes
4%
$104
Home Insurance
3%
$83
HOA
16%
$479
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326