This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $63,990 initial cash invested.
1.52%
Cash On Cash
7.84%
Cap Rate
1.16
DSCR
$2,943
Rent
$81
Cashflow
Cash Flow
$2,943 income − $2,862 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,990
Downpayment
20%
$43,800
Closing costs
1%
$2,190
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,943
Total Expenses
$2,862
Mortgage P&I
42%
$1,232
Property Taxes
19%
$552
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324