This property might be a fair Mid-Term investment with a projected 8.14% first-year return on $61,659 initial cash invested.
8.14%
Cash On Cash
9.47%
Cap Rate
1.47
DSCR
$2,589
Rent
$418
Cashflow
Cash Flow
$2,589 income − $2,171 expenses = $418 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,659
Downpayment
20%
$41,580
Closing costs
1%
$2,079
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,589
Total Expenses
$2,171
Mortgage P&I
43%
$1,119
Property Taxes
4%
$96
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285