This property might be a fair Mid-Term investment with a projected 7.68% first-year return on $61,281 initial cash invested.
7.68%
Cash On Cash
9.72%
Cap Rate
1.44
DSCR
$3,034
Rent
$392
Cashflow
Cash Flow
$3,034 income − $2,642 expenses = $392 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,281
Downpayment
20%
$41,220
Closing costs
1%
$2,061
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,034
Total Expenses
$2,642
Mortgage P&I
38%
$1,157
Property Taxes
13%
$391
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334