This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $61,890 initial cash invested.
0.89%
Cash On Cash
7.36%
Cap Rate
1.12
DSCR
$2,236
Rent
$46
Cashflow
Cash Flow
$2,236 income − $2,190 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,236
Total Expenses
$2,190
Mortgage P&I
51%
$1,147
Property Taxes
8%
$173
Home Insurance
3%
$73
HOA
2%
$38
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246