This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $62,100 initial cash invested.
5.14%
Cash On Cash
8.37%
Cap Rate
1.32
DSCR
$2,271
Rent
$266
Cashflow
Cash Flow
$2,271 income − $2,005 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,271
Total Expenses
$2,005
Mortgage P&I
49%
$1,108
Property Taxes
2%
$50
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250