This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $63,591 initial cash invested.
0.75%
Cash On Cash
7.4%
Cap Rate
1.1
DSCR
$2,157
Rent
$40
Cashflow
Cash Flow
$2,157 income − $2,117 expenses = $40 cash flow
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,591
Downpayment
20%
$43,420
Closing costs
1%
$2,171
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,157
Total Expenses
$2,117
Mortgage P&I
56%
$1,213
Property Taxes
4%
$92
Home Insurance
4%
$79
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237