This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $62,877 initial cash invested.
4.12%
Cash On Cash
7.93%
Cap Rate
1.28
DSCR
$2,406
Rent
$216
Cashflow
Cash Flow
$2,406 income − $2,190 expenses = $216 cash flow
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,877
Downpayment
20%
$42,740
Closing costs
1%
$2,137
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,406
Total Expenses
$2,190
Mortgage P&I
46%
$1,100
Property Taxes
5%
$114
Home Insurance
7%
$158
HOA
0%
$0
Property Management
12%
$289
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$265