This property might be a fair Mid-Term investment with a projected 9.81% first-year return on $61,029 initial cash invested.
9.81%
Cash On Cash
10.2%
Cap Rate
1.53
DSCR
$2,691
Rent
$499
Cashflow
Cash Flow
$2,691 income − $2,192 expenses = $499 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,691
Total Expenses
$2,192
Mortgage P&I
42%
$1,135
Property Taxes
3%
$69
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296