This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $60,714 initial cash invested.
2.53%
Cash On Cash
7.81%
Cap Rate
1.21
DSCR
$2,572
Rent
$128
Cashflow
Cash Flow
$2,572 income − $2,444 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,714
Downpayment
20%
$40,680
Closing costs
1%
$2,034
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,572
Total Expenses
$2,444
Mortgage P&I
42%
$1,092
Property Taxes
16%
$400
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283