This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $63,822 initial cash invested.
3.82%
Cash On Cash
8.05%
Cap Rate
1.26
DSCR
$2,442
Rent
$203
Cashflow
Cash Flow
$2,442 income − $2,239 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,822
Downpayment
20%
$43,640
Closing costs
1%
$2,182
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,442
Total Expenses
$2,239
Mortgage P&I
48%
$1,163
Property Taxes
7%
$168
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269