This property might be a fair Mid-Term investment with a projected 9.99% first-year return on $60,798 initial cash invested.
9.99%
Cash On Cash
10.35%
Cap Rate
1.54
DSCR
$2,796
Rent
$506
Cashflow
Cash Flow
$2,796 income − $2,290 expenses = $506 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,798
Downpayment
20%
$40,760
Closing costs
1%
$2,038
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,796
Total Expenses
$2,290
Mortgage P&I
41%
$1,140
Property Taxes
4%
$124
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308