This property might be a fair Mid-Term investment with a projected 3.34% first-year return on $60,987 initial cash invested.
3.34%
Cash On Cash
8.17%
Cap Rate
1.23
DSCR
$2,262
Rent
$170
Cashflow
Cash Flow
$2,262 income − $2,092 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,987
Downpayment
20%
$40,940
Closing costs
1%
$2,047
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,262
Total Expenses
$2,092
Mortgage P&I
50%
$1,133
Property Taxes
6%
$125
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$249