This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $62,100 initial cash invested.
4.52%
Cash On Cash
8.34%
Cap Rate
1.29
DSCR
$2,416
Rent
$234
Cashflow
Cash Flow
$2,416 income − $2,182 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,416
Total Expenses
$2,182
Mortgage P&I
47%
$1,128
Property Taxes
7%
$158
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$290
CapEx
4%
$97
Vacancy
3%
$72
Maintenance
4%
$97
Other
11%
$266