This property might be a fair Mid-Term investment with a projected 4.34% first-year return on $63,654 initial cash invested.
4.34%
Cash On Cash
8.42%
Cap Rate
1.28
DSCR
$2,570
Rent
$230
Cashflow
Cash Flow
$2,570 income − $2,340 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,654
Downpayment
20%
$43,480
Closing costs
1%
$2,174
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,570
Total Expenses
$2,340
Mortgage P&I
46%
$1,193
Property Taxes
6%
$161
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283