This property might be a fair Mid-Term investment with a projected 4.43% first-year return on $62,520 initial cash invested.
4.43%
Cash On Cash
8.71%
Cap Rate
1.27
DSCR
$2,508
Rent
$231
Cashflow
Cash Flow
$2,508 income − $2,277 expenses = $231 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,520
Downpayment
20%
$42,400
Closing costs
1%
$2,120
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,508
Total Expenses
$2,277
Mortgage P&I
48%
$1,207
Property Taxes
6%
$144
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276