This property might be a fair Mid-Term investment with a projected 1.69% first-year return on $62,310 initial cash invested.
1.69%
Cash On Cash
7.68%
Cap Rate
1.15
DSCR
$2,127
Rent
$88
Cashflow
Cash Flow
$2,127 income − $2,039 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,310
Downpayment
20%
$42,200
Closing costs
1%
$2,110
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,127
Total Expenses
$2,039
Mortgage P&I
55%
$1,177
Property Taxes
3%
$64
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234