This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $61,974 initial cash invested.
0.68%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$1,977
Rent
$35
Cashflow
Cash Flow
$1,977 income − $1,942 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,974
Downpayment
20%
$41,880
Closing costs
1%
$2,094
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,977
Total Expenses
$1,942
Mortgage P&I
58%
$1,146
Property Taxes
3%
$50
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217