This property might be a fair Mid-Term investment with a projected 0.15% first-year return on $63,528 initial cash invested.
0.15%
Cash On Cash
6.87%
Cap Rate
1.08
DSCR
$2,031
Rent
$8
Cashflow
Cash Flow
$2,031 income − $2,023 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,528
Downpayment
20%
$43,360
Closing costs
1%
$2,168
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,031
Total Expenses
$2,023
Mortgage P&I
57%
$1,153
Property Taxes
5%
$103
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$244
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223