This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $63,906 initial cash invested.
3.66%
Cash On Cash
7.95%
Cap Rate
1.25
DSCR
$2,426
Rent
$195
Cashflow
Cash Flow
$2,426 income − $2,231 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,906
Downpayment
20%
$43,720
Closing costs
1%
$2,186
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,426
Total Expenses
$2,231
Mortgage P&I
48%
$1,156
Property Taxes
7%
$170
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267