This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $63,486 initial cash invested.
1.78%
Cash On Cash
7.52%
Cap Rate
1.16
DSCR
$2,404
Rent
$94
Cashflow
Cash Flow
$2,404 income − $2,310 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,486
Downpayment
20%
$43,320
Closing costs
1%
$2,166
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,404
Total Expenses
$2,310
Mortgage P&I
49%
$1,167
Property Taxes
10%
$248
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264