This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $63,381 initial cash invested.
2.54%
Cash On Cash
8.11%
Cap Rate
1.2
DSCR
$2,685
Rent
$134
Cashflow
Cash Flow
$2,685 income − $2,551 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,381
Downpayment
20%
$43,220
Closing costs
1%
$2,161
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,685
Total Expenses
$2,551
Mortgage P&I
45%
$1,219
Property Taxes
13%
$343
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295