This property might be a fair Mid-Term investment with a projected 8.62% first-year return on $63,759 initial cash invested.
8.62%
Cash On Cash
9.49%
Cap Rate
1.51
DSCR
$3,176
Rent
$458
Cashflow
Cash Flow
$3,176 income − $2,718 expenses = $458 cash flow
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,759
Downpayment
20%
$43,580
Closing costs
1%
$2,179
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,176
Total Expenses
$2,718
Mortgage P&I
36%
$1,139
Property Taxes
13%
$423
Home Insurance
2%
$77
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349