This property might be a fair Mid-Term investment with a projected 7.21% first-year return on $61,764 initial cash invested.
7.21%
Cash On Cash
9.4%
Cap Rate
1.41
DSCR
$2,577
Rent
$371
Cashflow
Cash Flow
$2,577 income − $2,206 expenses = $371 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,577
Total Expenses
$2,206
Mortgage P&I
45%
$1,159
Property Taxes
4%
$98
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283