This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $63,066 initial cash invested.
2.05%
Cash On Cash
7.55%
Cap Rate
1.17
DSCR
$2,274
Rent
$108
Cashflow
Cash Flow
$2,274 income − $2,166 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,066
Downpayment
20%
$42,920
Closing costs
1%
$2,146
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,274
Total Expenses
$2,166
Mortgage P&I
51%
$1,152
Property Taxes
7%
$167
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250