This property might be a fair Mid-Term investment with a projected 3.08% first-year return on $61,176 initial cash invested.
3.08%
Cash On Cash
8.17%
Cap Rate
1.22
DSCR
$2,458
Rent
$157
Cashflow
Cash Flow
$2,458 income − $2,301 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,176
Downpayment
20%
$41,120
Closing costs
1%
$2,056
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,458
Total Expenses
$2,301
Mortgage P&I
47%
$1,144
Property Taxes
10%
$246
Home Insurance
3%
$76
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270