This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $66,363 initial cash invested.
1.01%
Cash On Cash
7.41%
Cap Rate
1.12
DSCR
$2,358
Rent
$56
Cashflow
Cash Flow
$2,358 income − $2,302 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,363
Downpayment
20%
$46,060
Closing costs
1%
$2,303
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,358
Total Expenses
$2,302
Mortgage P&I
54%
$1,272
Property Taxes
6%
$147
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259