This property might be a fair Mid-Term investment with a projected 6.29% first-year return on $60,882 initial cash invested.
6.29%
Cash On Cash
9.14%
Cap Rate
1.36
DSCR
$2,384
Rent
$319
Cashflow
Cash Flow
$2,384 income − $2,065 expenses = $319 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,882
Downpayment
20%
$40,840
Closing costs
1%
$2,042
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$2,065
Mortgage P&I
48%
$1,142
Property Taxes
2%
$39
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262