This property might be a fair Mid-Term investment with a projected 4.43% first-year return on $63,150 initial cash invested.
4.43%
Cash On Cash
8.62%
Cap Rate
1.28
DSCR
$2,574
Rent
$233
Cashflow
Cash Flow
$2,574 income − $2,341 expenses = $233 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,574
Total Expenses
$2,341
Mortgage P&I
47%
$1,209
Property Taxes
7%
$182
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283