This property might be a fair Mid-Term investment with a projected 7.58% first-year return on $61,386 initial cash invested.
7.58%
Cash On Cash
9.4%
Cap Rate
1.44
DSCR
$2,570
Rent
$388
Cashflow
Cash Flow
$2,570 income − $2,182 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,386
Downpayment
20%
$41,320
Closing costs
1%
$2,066
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,570
Total Expenses
$2,182
Mortgage P&I
44%
$1,128
Property Taxes
4%
$96
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283