This property might be a fair Mid-Term investment with a projected 3.26% first-year return on $60,315 initial cash invested.
3.26%
Cash On Cash
8.19%
Cap Rate
1.23
DSCR
$2,222
Rent
$164
Cashflow
Cash Flow
$2,222 income − $2,058 expenses = $164 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,315
Downpayment
20%
$40,300
Closing costs
1%
$2,015
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,222
Total Expenses
$2,058
Mortgage P&I
51%
$1,123
Property Taxes
5%
$113
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$244