This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $61,638 initial cash invested.
4.03%
Cash On Cash
8.03%
Cap Rate
1.27
DSCR
$2,312
Rent
$207
Cashflow
Cash Flow
$2,312 income − $2,105 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,638
Downpayment
20%
$41,560
Closing costs
1%
$2,078
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,312
Total Expenses
$2,105
Mortgage P&I
47%
$1,092
Property Taxes
7%
$156
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254