This property might be a fair Mid-Term investment with a projected 6.83% first-year return on $61,890 initial cash invested.
6.83%
Cash On Cash
9.28%
Cap Rate
1.4
DSCR
$2,654
Rent
$352
Cashflow
Cash Flow
$2,654 income − $2,302 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,654
Total Expenses
$2,302
Mortgage P&I
44%
$1,158
Property Taxes
6%
$169
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292