This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $61,911 initial cash invested.
1.1%
Cash On Cash
7.49%
Cap Rate
1.13
DSCR
$2,348
Rent
$57
Cashflow
Cash Flow
$2,348 income − $2,291 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,911
Downpayment
20%
$41,820
Closing costs
1%
$2,091
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,348
Total Expenses
$2,291
Mortgage P&I
49%
$1,155
Property Taxes
11%
$263
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258