This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $61,239 initial cash invested.
4.49%
Cash On Cash
8.6%
Cap Rate
1.28
DSCR
$2,301
Rent
$229
Cashflow
Cash Flow
$2,301 income − $2,072 expenses = $229 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
$2,301
Total Expenses
$2,072
Mortgage P&I
50%
$1,154
Property Taxes
3%
$63
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253