This property might be a fair Mid-Term investment with a projected 5.68% first-year return on $62,562 initial cash invested.
5.68%
Cash On Cash
8.64%
Cap Rate
1.34
DSCR
$2,301
Rent
$296
Cashflow
Cash Flow
$2,301 income − $2,005 expenses = $296 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,562
Downpayment
20%
$42,440
Closing costs
1%
$2,122
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,301
Total Expenses
$2,005
Mortgage P&I
50%
$1,139
Property Taxes
0%
$7
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253