This property might be a fair Mid-Term investment with a projected 7.89% first-year return on $60,987 initial cash invested.
7.89%
Cash On Cash
9.73%
Cap Rate
1.43
DSCR
$2,510
Rent
$401
Cashflow
Cash Flow
$2,510 income − $2,109 expenses = $401 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,987
Downpayment
20%
$40,940
Closing costs
1%
$2,047
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,510
Total Expenses
$2,109
Mortgage P&I
46%
$1,159
Property Taxes
2%
$46
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276