This property might be a fair Mid-Term investment with a projected 5.04% first-year return on $60,189 initial cash invested.
5.04%
Cash On Cash
8.79%
Cap Rate
1.31
DSCR
$2,366
Rent
$253
Cashflow
Cash Flow
$2,366 income − $2,113 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,189
Downpayment
20%
$40,180
Closing costs
1%
$2,009
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,366
Total Expenses
$2,113
Mortgage P&I
48%
$1,124
Property Taxes
5%
$114
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$260