This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $63,192 initial cash invested.
6.63%
Cash On Cash
9.17%
Cap Rate
1.39
DSCR
$2,739
Rent
$349
Cashflow
Cash Flow
$2,739 income − $2,390 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,192
Downpayment
20%
$43,040
Closing costs
1%
$2,152
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,390
Mortgage P&I
43%
$1,185
Property Taxes
7%
$198
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301