This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $60,609 initial cash invested.
3.11%
Cash On Cash
7.94%
Cap Rate
1.24
DSCR
$2,478
Rent
$157
Cashflow
Cash Flow
$2,478 income − $2,321 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,609
Downpayment
20%
$40,580
Closing costs
1%
$2,029
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,478
Total Expenses
$2,321
Mortgage P&I
44%
$1,087
Property Taxes
12%
$304
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$297
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$273