This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $60,630 initial cash invested.
0.91%
Cash On Cash
7.11%
Cap Rate
1.12
DSCR
$2,160
Rent
$46
Cashflow
Cash Flow
$2,160 income − $2,114 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,630
Downpayment
20%
$40,600
Closing costs
1%
$2,030
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,160
Total Expenses
$2,114
Mortgage P&I
50%
$1,070
Property Taxes
11%
$237
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$238