This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $62,814 initial cash invested.
1.47%
Cash On Cash
7.52%
Cap Rate
1.15
DSCR
$2,337
Rent
$77
Cashflow
Cash Flow
$2,337 income − $2,260 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,814
Downpayment
20%
$42,680
Closing costs
1%
$2,134
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,337
Total Expenses
$2,260
Mortgage P&I
50%
$1,168
Property Taxes
9%
$221
Home Insurance
3%
$78
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257