This property might be a fair Mid-Term investment with a projected 4.12% first-year return on $62,100 initial cash invested.
4.12%
Cash On Cash
8.56%
Cap Rate
1.27
DSCR
$2,514
Rent
$213
Cashflow
Cash Flow
$2,514 income − $2,301 expenses = $213 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.6%
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
$2,514
Total Expenses
$2,301
Mortgage P&I
47%
$1,184
Property Taxes
7%
$187
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277