This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $67,350 initial cash invested.
0.46%
Cash On Cash
7.28%
Cap Rate
1.09
DSCR
$2,426
Rent
$26
Cashflow
Cash Flow
$2,426 income − $2,400 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,426
Total Expenses
$2,400
Mortgage P&I
54%
$1,302
Property Taxes
8%
$191
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267