This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $63,339 initial cash invested.
1.61%
Cash On Cash
7.69%
Cap Rate
1.14
DSCR
$2,146
Rent
$85
Cashflow
Cash Flow
$2,146 income − $2,061 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,339
Downpayment
20%
$43,180
Closing costs
1%
$2,159
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,146
Total Expenses
$2,061
Mortgage P&I
57%
$1,213
Property Taxes
2%
$41
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236