This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $67,035 initial cash invested.
3.94%
Cash On Cash
8.46%
Cap Rate
1.26
DSCR
$2,870
Rent
$220
Cashflow
Cash Flow
$2,870 income − $2,650 expenses = $220 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,035
Downpayment
20%
$46,700
Closing costs
1%
$2,335
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,870
Total Expenses
$2,650
Mortgage P&I
46%
$1,311
Property Taxes
10%
$275
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316