This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $63,150 initial cash invested.
0.55%
Cash On Cash
7.08%
Cap Rate
1.09
DSCR
$1,971
Rent
$29
Cashflow
Cash Flow
$1,971 income − $1,942 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,971
Total Expenses
$1,942
Mortgage P&I
59%
$1,161
Property Taxes
2%
$35
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217