This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $61,890 initial cash invested.
5.37%
Cash On Cash
8.76%
Cap Rate
1.32
DSCR
$2,422
Rent
$277
Cashflow
Cash Flow
$2,422 income − $2,145 expenses = $277 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,422
Total Expenses
$2,145
Mortgage P&I
48%
$1,152
Property Taxes
4%
$96
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$266