This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $61,113 initial cash invested.
1.65%
Cash On Cash
7.57%
Cap Rate
1.15
DSCR
$2,160
Rent
$84
Cashflow
Cash Flow
$2,160 income − $2,076 expenses = $84 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,113
Downpayment
20%
$41,060
Closing costs
1%
$2,053
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,160
Total Expenses
$2,076
Mortgage P&I
52%
$1,125
Property Taxes
4%
$82
Home Insurance
6%
$135
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$238