This property might be a fair Mid-Term investment with a projected 2.72% first-year return on $62,562 initial cash invested.
2.72%
Cash On Cash
8.11%
Cap Rate
1.19
DSCR
$2,274
Rent
$142
Cashflow
Cash Flow
$2,274 income − $2,132 expenses = $142 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,562
Downpayment
20%
$42,440
Closing costs
1%
$2,122
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,274
Total Expenses
$2,132
Mortgage P&I
53%
$1,201
Property Taxes
4%
$81
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250