This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $61,155 initial cash invested.
4.12%
Cash On Cash
8.52%
Cap Rate
1.27
DSCR
$2,448
Rent
$210
Cashflow
Cash Flow
$2,448 income − $2,238 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,155
Downpayment
20%
$41,100
Closing costs
1%
$2,055
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,448
Total Expenses
$2,238
Mortgage P&I
47%
$1,151
Property Taxes
7%
$173
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269