This property might be a fair Mid-Term investment with a projected 3.92% first-year return on $63,297 initial cash invested.
3.92%
Cash On Cash
8.12%
Cap Rate
1.26
DSCR
$2,384
Rent
$207
Cashflow
Cash Flow
$2,384 income − $2,177 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$2,177
Mortgage P&I
49%
$1,157
Property Taxes
5%
$117
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262