This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $61,512 initial cash invested.
3.22%
Cash On Cash
8.04%
Cap Rate
1.22
DSCR
$2,190
Rent
$165
Cashflow
Cash Flow
$2,190 income − $2,025 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,512
Downpayment
20%
$41,440
Closing costs
1%
$2,072
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,190
Total Expenses
$2,025
Mortgage P&I
52%
$1,136
Property Taxes
2%
$47
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241