This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $62,352 initial cash invested.
1.66%
Cash On Cash
7.74%
Cap Rate
1.15
DSCR
$2,228
Rent
$86
Cashflow
Cash Flow
$2,228 income − $2,142 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,352
Downpayment
20%
$42,240
Closing costs
1%
$2,112
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,228
Total Expenses
$2,142
Mortgage P&I
53%
$1,188
Property Taxes
5%
$120
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245