This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $62,436 initial cash invested.
1.81%
Cash On Cash
7.45%
Cap Rate
1.16
DSCR
$2,106
Rent
$94
Cashflow
Cash Flow
$2,106 income − $2,012 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,436
Downpayment
20%
$42,320
Closing costs
1%
$2,116
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,106
Total Expenses
$2,012
Mortgage P&I
54%
$1,135
Property Taxes
4%
$84
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232