This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $62,709 initial cash invested.
0.86%
Cash On Cash
7.45%
Cap Rate
1.11
DSCR
$2,228
Rent
$45
Cashflow
Cash Flow
$2,228 income − $2,183 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,709
Downpayment
20%
$42,580
Closing costs
1%
$2,129
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,228
Total Expenses
$2,183
Mortgage P&I
53%
$1,187
Property Taxes
7%
$164
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245