This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $63,150 initial cash invested.
0.11%
Cash On Cash
6.94%
Cap Rate
1.08
DSCR
$2,138
Rent
$6
Cashflow
Cash Flow
$2,138 income − $2,132 expenses = $6 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,138
Total Expenses
$2,132
Mortgage P&I
54%
$1,151
Property Taxes
8%
$178
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235