This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $61,386 initial cash invested.
7.98%
Cash On Cash
9.56%
Cap Rate
1.46
DSCR
$2,686
Rent
$408
Cashflow
Cash Flow
$2,686 income − $2,278 expenses = $408 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,386
Downpayment
20%
$41,320
Closing costs
1%
$2,066
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,686
Total Expenses
$2,278
Mortgage P&I
42%
$1,131
Property Taxes
6%
$161
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295