This property might be a fair Mid-Term investment with a projected 5.3% first-year return on $62,436 initial cash invested.
5.3%
Cash On Cash
8.57%
Cap Rate
1.33
DSCR
$2,454
Rent
$276
Cashflow
Cash Flow
$2,454 income − $2,178 expenses = $276 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,436
Downpayment
20%
$42,320
Closing costs
1%
$2,116
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,454
Total Expenses
$2,178
Mortgage P&I
46%
$1,138
Property Taxes
5%
$131
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270