This property might be a fair Mid-Term investment with a projected 9.34% first-year return on $60,378 initial cash invested.
9.34%
Cash On Cash
10.17%
Cap Rate
1.5
DSCR
$2,577
Rent
$470
Cashflow
Cash Flow
$2,577 income − $2,107 expenses = $470 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,378
Downpayment
20%
$40,360
Closing costs
1%
$2,018
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,577
Total Expenses
$2,107
Mortgage P&I
44%
$1,137
Property Taxes
2%
$41
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283