This property might be a fair Mid-Term investment with a projected 0.7% first-year return on $61,974 initial cash invested.
0.7%
Cash On Cash
7.47%
Cap Rate
1.12
DSCR
$2,517
Rent
$36
Cashflow
Cash Flow
$2,517 income − $2,481 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,974
Downpayment
20%
$41,880
Closing costs
1%
$2,094
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,517
Total Expenses
$2,481
Mortgage P&I
46%
$1,166
Property Taxes
15%
$384
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277