This property might be a fair Mid-Term investment with a projected 9.77% first-year return on $60,924 initial cash invested.
9.77%
Cash On Cash
10.11%
Cap Rate
1.54
DSCR
$2,625
Rent
$496
Cashflow
Cash Flow
$2,625 income − $2,129 expenses = $496 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,924
Downpayment
20%
$40,880
Closing costs
1%
$2,044
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,625
Total Expenses
$2,129
Mortgage P&I
43%
$1,121
Property Taxes
1%
$33
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289