This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $61,890 initial cash invested.
3.57%
Cash On Cash
8.25%
Cap Rate
1.24
DSCR
$2,450
Rent
$184
Cashflow
Cash Flow
$2,450 income − $2,266 expenses = $184 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,450
Total Expenses
$2,266
Mortgage P&I
47%
$1,155
Property Taxes
8%
$204
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270