This property might be a fair Mid-Term investment with a projected 7.42% first-year return on $61,302 initial cash invested.
7.42%
Cash On Cash
9.19%
Cap Rate
1.44
DSCR
$2,526
Rent
$379
Cashflow
Cash Flow
$2,526 income − $2,147 expenses = $379 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,302
Downpayment
20%
$41,240
Closing costs
1%
$2,062
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,526
Total Expenses
$2,147
Mortgage P&I
44%
$1,099
Property Taxes
4%
$110
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278