This property might be a fair Mid-Term investment with a projected 5.84% first-year return on $60,840 initial cash invested.
5.84%
Cash On Cash
9.1%
Cap Rate
1.35
DSCR
$2,732
Rent
$296
Cashflow
Cash Flow
$2,732 income − $2,436 expenses = $296 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,840
Downpayment
20%
$40,800
Closing costs
1%
$2,040
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,732
Total Expenses
$2,436
Mortgage P&I
42%
$1,142
Property Taxes
11%
$291
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301