This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $62,751 initial cash invested.
2.14%
Cash On Cash
7.74%
Cap Rate
1.17
DSCR
$2,235
Rent
$112
Cashflow
Cash Flow
$2,235 income − $2,123 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,751
Downpayment
20%
$42,620
Closing costs
1%
$2,131
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,235
Total Expenses
$2,123
Mortgage P&I
52%
$1,173
Property Taxes
5%
$116
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246