This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $60,147 initial cash invested.
2.37%
Cash On Cash
7.74%
Cap Rate
1.2
DSCR
$2,328
Rent
$119
Cashflow
Cash Flow
$2,328 income − $2,209 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,147
Downpayment
20%
$40,140
Closing costs
1%
$2,007
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,328
Total Expenses
$2,209
Mortgage P&I
47%
$1,083
Property Taxes
11%
$247
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256