This property might be a fair Mid-Term investment with a projected 4.72% first-year return on $63,255 initial cash invested.
4.72%
Cash On Cash
8.73%
Cap Rate
1.3
DSCR
$2,782
Rent
$249
Cashflow
Cash Flow
$2,782 income − $2,533 expenses = $249 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,255
Downpayment
20%
$43,100
Closing costs
1%
$2,155
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,782
Total Expenses
$2,533
Mortgage P&I
43%
$1,207
Property Taxes
11%
$304
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306