This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $62,730 initial cash invested.
2.54%
Cash On Cash
7.89%
Cap Rate
1.19
DSCR
$2,384
Rent
$133
Cashflow
Cash Flow
$2,384 income − $2,251 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,730
Downpayment
20%
$42,600
Closing costs
1%
$2,130
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$2,251
Mortgage P&I
49%
$1,173
Property Taxes
8%
$184
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262