This property might be a fair Mid-Term investment with a projected 7.83% first-year return on $62,184 initial cash invested.
7.83%
Cash On Cash
9.65%
Cap Rate
1.44
DSCR
$2,835
Rent
$406
Cashflow
Cash Flow
$2,835 income − $2,429 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,184
Downpayment
20%
$42,080
Closing costs
1%
$2,104
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,835
Total Expenses
$2,429
Mortgage P&I
41%
$1,173
Property Taxes
8%
$219
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312