This property might be a fair Mid-Term investment with a projected 4.93% first-year return on $62,541 initial cash invested.
4.93%
Cash On Cash
8.84%
Cap Rate
1.31
DSCR
$2,853
Rent
$257
Cashflow
Cash Flow
$2,853 income − $2,596 expenses = $257 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,541
Downpayment
20%
$42,420
Closing costs
1%
$2,121
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,853
Total Expenses
$2,596
Mortgage P&I
42%
$1,191
Property Taxes
13%
$370
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314