This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $63,339 initial cash invested.
7.09%
Cash On Cash
9.64%
Cap Rate
1.41
DSCR
$3,290
Rent
$374
Cashflow
Cash Flow
$3,290 income − $2,916 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,339
Downpayment
20%
$43,180
Closing costs
1%
$2,159
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$2,916
Mortgage P&I
37%
$1,228
Property Taxes
11%
$363
Home Insurance
2%
$77
HOA
4%
$128
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362