This property might be a fair Mid-Term investment with a projected 0.43% first-year return on $62,100 initial cash invested.
0.43%
Cash On Cash
7.22%
Cap Rate
1.09
DSCR
$2,018
Rent
$22
Cashflow
Cash Flow
$2,018 income − $1,996 expenses = $22 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,018
Total Expenses
$1,996
Mortgage P&I
57%
$1,160
Property Taxes
4%
$75
Home Insurance
4%
$74
HOA
0%
$0
Property Management
12%
$242
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$222