This property might be a fair Mid-Term investment with a projected 6.5% first-year return on $63,507 initial cash invested.
6.5%
Cash On Cash
9.34%
Cap Rate
1.38
DSCR
$3,016
Rent
$344
Cashflow
Cash Flow
$3,016 income − $2,672 expenses = $344 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,507
Downpayment
20%
$43,340
Closing costs
1%
$2,167
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,016
Total Expenses
$2,672
Mortgage P&I
40%
$1,221
Property Taxes
11%
$346
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332