This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $63,528 initial cash invested.
0.89%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$2,505
Rent
$47
Cashflow
Cash Flow
$2,505 income − $2,458 expenses = $47 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,528
Downpayment
20%
$43,360
Closing costs
1%
$2,168
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,505
Total Expenses
$2,458
Mortgage P&I
49%
$1,217
Property Taxes
12%
$310
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276