This property might be a fair Mid-Term investment with a projected 6.36% first-year return on $62,499 initial cash invested.
6.36%
Cash On Cash
9.15%
Cap Rate
1.37
DSCR
$2,718
Rent
$331
Cashflow
Cash Flow
$2,718 income − $2,387 expenses = $331 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,499
Downpayment
20%
$42,380
Closing costs
1%
$2,119
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,718
Total Expenses
$2,387
Mortgage P&I
43%
$1,176
Property Taxes
8%
$211
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299