This property might be a fair Mid-Term investment with a projected 4.64% first-year return on $60,798 initial cash invested.
4.64%
Cash On Cash
8.64%
Cap Rate
1.28
DSCR
$2,262
Rent
$235
Cashflow
Cash Flow
$2,262 income − $2,027 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,798
Downpayment
20%
$40,760
Closing costs
1%
$2,038
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,262
Total Expenses
$2,027
Mortgage P&I
50%
$1,142
Property Taxes
2%
$43
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249