This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $62,163 initial cash invested.
1.97%
Cash On Cash
7.31%
Cap Rate
1.19
DSCR
$2,646
Rent
$102
Cashflow
Cash Flow
$2,646 income − $2,544 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,163
Downpayment
20%
$42,060
Closing costs
1%
$2,103
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$2,544
Mortgage P&I
41%
$1,073
Property Taxes
18%
$466
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291