This property might be a fair Mid-Term investment with a projected 6.89% first-year return on $61,680 initial cash invested.
6.89%
Cash On Cash
9.4%
Cap Rate
1.39
DSCR
$2,658
Rent
$354
Cashflow
Cash Flow
$2,658 income − $2,304 expenses = $354 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,680
Downpayment
20%
$41,600
Closing costs
1%
$2,080
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,658
Total Expenses
$2,304
Mortgage P&I
44%
$1,170
Property Taxes
5%
$143
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292