This property might be a fair Mid-Term investment with a projected 5.07% first-year return on $61,785 initial cash invested.
5.07%
Cash On Cash
8.54%
Cap Rate
1.32
DSCR
$2,452
Rent
$261
Cashflow
Cash Flow
$2,452 income − $2,191 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,785
Downpayment
20%
$41,700
Closing costs
1%
$2,085
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,452
Total Expenses
$2,191
Mortgage P&I
46%
$1,124
Property Taxes
6%
$158
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270