This property might be a fair Mid-Term investment with a projected 5.37% first-year return on $62,100 initial cash invested.
5.37%
Cash On Cash
8.89%
Cap Rate
1.32
DSCR
$2,516
Rent
$278
Cashflow
Cash Flow
$2,516 income − $2,238 expenses = $278 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,516
Total Expenses
$2,238
Mortgage P&I
47%
$1,176
Property Taxes
5%
$132
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$75
Maintenance
4%
$101
Other
11%
$277