This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $61,050 initial cash invested.
4.38%
Cash On Cash
8.57%
Cap Rate
1.27
DSCR
$2,286
Rent
$223
Cashflow
Cash Flow
$2,286 income − $2,063 expenses = $223 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,286
Total Expenses
$2,063
Mortgage P&I
50%
$1,150
Property Taxes
3%
$65
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251