This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $62,940 initial cash invested.
4.56%
Cash On Cash
8.69%
Cap Rate
1.28
DSCR
$2,582
Rent
$239
Cashflow
Cash Flow
$2,582 income − $2,343 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,940
Downpayment
20%
$42,800
Closing costs
1%
$2,140
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,582
Total Expenses
$2,343
Mortgage P&I
47%
$1,207
Property Taxes
7%
$184
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284