This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $63,045 initial cash invested.
4.47%
Cash On Cash
8.36%
Cap Rate
1.29
DSCR
$2,596
Rent
$235
Cashflow
Cash Flow
$2,596 income − $2,361 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,045
Downpayment
20%
$42,900
Closing costs
1%
$2,145
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,596
Total Expenses
$2,361
Mortgage P&I
44%
$1,155
Property Taxes
10%
$247
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286