This property might be a fair Mid-Term investment with a projected 3.85% first-year return on $63,864 initial cash invested.
3.85%
Cash On Cash
8.14%
Cap Rate
1.25
DSCR
$2,366
Rent
$205
Cashflow
Cash Flow
$2,366 income − $2,161 expenses = $205 cash flow
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,864
Downpayment
20%
$43,680
Closing costs
1%
$2,184
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,366
Total Expenses
$2,161
Mortgage P&I
50%
$1,182
Property Taxes
4%
$95
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260