This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $61,239 initial cash invested.
3.68%
Cash On Cash
8.61%
Cap Rate
1.28
DSCR
$3,393
Rent
$188
Cashflow
Cash Flow
$3,393 income − $3,205 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,393
Total Expenses
$3,205
Mortgage P&I
34%
$1,153
Property Taxes
25%
$833
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373