This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $63,150 initial cash invested.
0.23%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$2,139
Rent
$12
Cashflow
Cash Flow
$2,139 income − $2,127 expenses = $12 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,139
Total Expenses
$2,127
Mortgage P&I
55%
$1,170
Property Taxes
7%
$154
Home Insurance
4%
$75
HOA
0%
$0
Property Management
12%
$257
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$235