This property might be a fair Mid-Term investment with a projected 0.64% first-year return on $63,297 initial cash invested.
0.64%
Cash On Cash
6.99%
Cap Rate
1.12
DSCR
$2,499
Rent
$34
Cashflow
Cash Flow
$2,499 income − $2,465 expenses = $34 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,499
Total Expenses
$2,465
Mortgage P&I
45%
$1,123
Property Taxes
17%
$415
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275