This property might be a fair Mid-Term investment with a projected 9.42% first-year return on $63,969 initial cash invested.
9.42%
Cash On Cash
10.29%
Cap Rate
1.52
DSCR
$3,476
Rent
$502
Cashflow
Cash Flow
$3,476 income − $2,974 expenses = $502 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,969
Downpayment
20%
$43,780
Closing costs
1%
$2,189
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,476
Total Expenses
$2,974
Mortgage P&I
36%
$1,236
Property Taxes
11%
$379
Home Insurance
2%
$80
HOA
3%
$98
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382