This property might be a fair Mid-Term investment with a projected 1.17% first-year return on $67,770 initial cash invested.
1.17%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$2,360
Rent
$66
Cashflow
Cash Flow
$2,360 income − $2,294 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,770
Downpayment
20%
$47,400
Closing costs
1%
$2,370
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,360
Total Expenses
$2,294
Mortgage P&I
56%
$1,332
Property Taxes
3%
$76
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$283
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$260