This property might be a fair Mid-Term investment with a projected 0.42% first-year return on $63,213 initial cash invested.
0.42%
Cash On Cash
7.23%
Cap Rate
1.09
DSCR
$2,166
Rent
$22
Cashflow
Cash Flow
$2,166 income − $2,144 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,213
Downpayment
20%
$43,060
Closing costs
1%
$2,153
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,166
Total Expenses
$2,144
Mortgage P&I
55%
$1,188
Property Taxes
7%
$161
Home Insurance
3%
$58
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238