This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $61,281 initial cash invested.
1.39%
Cash On Cash
7.39%
Cap Rate
1.14
DSCR
$2,010
Rent
$71
Cashflow
Cash Flow
$2,010 income − $1,939 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,281
Downpayment
20%
$41,220
Closing costs
1%
$2,061
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,010
Total Expenses
$1,939
Mortgage P&I
56%
$1,118
Property Taxes
4%
$78
Home Insurance
3%
$61
HOA
0%
$0
Property Management
12%
$241
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$221