This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $62,835 initial cash invested.
0.44%
Cash On Cash
7.22%
Cap Rate
1.09
DSCR
$2,040
Rent
$23
Cashflow
Cash Flow
$2,040 income − $2,017 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,835
Downpayment
20%
$42,700
Closing costs
1%
$2,135
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,040
Total Expenses
$2,017
Mortgage P&I
58%
$1,180
Property Taxes
3%
$66
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$224