This property might be a fair Mid-Term investment with a projected 3.69% first-year return on $66,279 initial cash invested.
3.69%
Cash On Cash
8.07%
Cap Rate
1.24
DSCR
$2,452
Rent
$204
Cashflow
Cash Flow
$2,452 income − $2,248 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,279
Downpayment
20%
$45,980
Closing costs
1%
$2,299
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,452
Total Expenses
$2,248
Mortgage P&I
51%
$1,244
Property Taxes
4%
$90
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270