This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $62,226 initial cash invested.
1.64%
Cash On Cash
7.66%
Cap Rate
1.15
DSCR
$2,370
Rent
$85
Cashflow
Cash Flow
$2,370 income − $2,285 expenses = $85 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,226
Downpayment
20%
$42,120
Closing costs
1%
$2,106
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,370
Total Expenses
$2,285
Mortgage P&I
49%
$1,164
Property Taxes
10%
$240
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261