This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $62,079 initial cash invested.
0.93%
Cash On Cash
7.29%
Cap Rate
1.12
DSCR
$2,156
Rent
$48
Cashflow
Cash Flow
$2,156 income − $2,108 expenses = $48 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,156
Total Expenses
$2,108
Mortgage P&I
53%
$1,141
Property Taxes
7%
$159
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237