This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $62,142 initial cash invested.
2.47%
Cash On Cash
7.93%
Cap Rate
1.19
DSCR
$2,439
Rent
$128
Cashflow
Cash Flow
$2,439 income − $2,311 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,142
Downpayment
20%
$42,040
Closing costs
1%
$2,102
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,439
Total Expenses
$2,311
Mortgage P&I
48%
$1,163
Property Taxes
10%
$244
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268