This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $61,911 initial cash invested.
1.49%
Cash On Cash
7.7%
Cap Rate
1.15
DSCR
$2,464
Rent
$77
Cashflow
Cash Flow
$2,464 income − $2,387 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,911
Downpayment
20%
$41,820
Closing costs
1%
$2,091
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,464
Total Expenses
$2,387
Mortgage P&I
47%
$1,165
Property Taxes
12%
$297
Home Insurance
3%
$75
HOA
0%
$11
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271