This property might be a fair Mid-Term investment with a projected 3% first-year return on $62,100 initial cash invested.
3%
Cash On Cash
7.87%
Cap Rate
1.22
DSCR
$2,214
Rent
$155
Cashflow
Cash Flow
$2,214 income − $2,059 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,214
Total Expenses
$2,059
Mortgage P&I
51%
$1,134
Property Taxes
4%
$97
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$66
Maintenance
4%
$89
Other
11%
$244