This property might be a fair Mid-Term investment with a projected 5.97% first-year return on $61,743 initial cash invested.
5.97%
Cash On Cash
9.15%
Cap Rate
1.35
DSCR
$2,538
Rent
$307
Cashflow
Cash Flow
$2,538 income − $2,231 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,743
Downpayment
20%
$41,660
Closing costs
1%
$2,083
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,538
Total Expenses
$2,231
Mortgage P&I
46%
$1,179
Property Taxes
4%
$114
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$279