This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $63,549 initial cash invested.
0.59%
Cash On Cash
7.41%
Cap Rate
1.1
DSCR
$2,160
Rent
$31
Cashflow
Cash Flow
$2,160 income − $2,129 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,549
Downpayment
20%
$43,380
Closing costs
1%
$2,169
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,160
Total Expenses
$2,129
Mortgage P&I
57%
$1,223
Property Taxes
4%
$95
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$238