This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $64,200 initial cash invested.
0.02%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$2,001
Rent
$1
Cashflow
Cash Flow
$2,001 income − $2,000 expenses = $1 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,200
Downpayment
20%
$44,000
Closing costs
1%
$2,200
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,001
Total Expenses
$2,000
Mortgage P&I
61%
$1,216
Property Taxes
1%
$27
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$240
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$220