This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $60,483 initial cash invested.
1.71%
Cash On Cash
7.67%
Cap Rate
1.18
DSCR
$2,751
Rent
$86
Cashflow
Cash Flow
$2,751 income − $2,665 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,483
Downpayment
20%
$40,460
Closing costs
1%
$2,023
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,751
Total Expenses
$2,665
Mortgage P&I
40%
$1,097
Property Taxes
20%
$562
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303