This property might be a fair Mid-Term investment with a projected 8.78% first-year return on $60,273 initial cash invested.
8.78%
Cash On Cash
10%
Cap Rate
1.51
DSCR
$3,074
Rent
$441
Cashflow
Cash Flow
$3,074 income − $2,633 expenses = $441 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,273
Downpayment
20%
$40,260
Closing costs
1%
$2,013
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,074
Total Expenses
$2,633
Mortgage P&I
36%
$1,114
Property Taxes
13%
$411
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338