This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $63,927 initial cash invested.
1.95%
Cash On Cash
7.5%
Cap Rate
1.17
DSCR
$2,248
Rent
$104
Cashflow
Cash Flow
$2,248 income − $2,144 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,927
Downpayment
20%
$43,740
Closing costs
1%
$2,187
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,248
Total Expenses
$2,144
Mortgage P&I
52%
$1,172
Property Taxes
6%
$131
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247