This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $63,990 initial cash invested.
1.01%
Cash On Cash
7.29%
Cap Rate
1.12
DSCR
$2,205
Rent
$54
Cashflow
Cash Flow
$2,205 income − $2,151 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,990
Downpayment
20%
$43,800
Closing costs
1%
$2,190
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,205
Total Expenses
$2,151
Mortgage P&I
54%
$1,188
Property Taxes
6%
$134
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243