This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $62,058 initial cash invested.
3.25%
Cash On Cash
7.92%
Cap Rate
1.22
DSCR
$2,130
Rent
$168
Cashflow
Cash Flow
$2,130 income − $1,962 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,058
Downpayment
20%
$41,960
Closing costs
1%
$2,098
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,130
Total Expenses
$1,962
Mortgage P&I
53%
$1,132
Property Taxes
3%
$58
Home Insurance
2%
$48
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234