This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $64,179 initial cash invested.
0.43%
Cash On Cash
7.15%
Cap Rate
1.09
DSCR
$2,120
Rent
$23
Cashflow
Cash Flow
$2,120 income − $2,097 expenses = $23 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,179
Downpayment
20%
$43,980
Closing costs
1%
$2,199
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,120
Total Expenses
$2,097
Mortgage P&I
57%
$1,203
Property Taxes
5%
$96
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$233