This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $62,184 initial cash invested.
7.43%
Cash On Cash
9.42%
Cap Rate
1.42
DSCR
$2,544
Rent
$385
Cashflow
Cash Flow
$2,544 income − $2,159 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,184
Downpayment
20%
$42,080
Closing costs
1%
$2,104
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,544
Total Expenses
$2,159
Mortgage P&I
46%
$1,164
Property Taxes
2%
$51
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280