This property might be a fair Mid-Term investment with a projected 9.01% first-year return on $61,260 initial cash invested.
9.01%
Cash On Cash
9.82%
Cap Rate
1.5
DSCR
$2,535
Rent
$460
Cashflow
Cash Flow
$2,535 income − $2,075 expenses = $460 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,260
Downpayment
20%
$41,200
Closing costs
1%
$2,060
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,535
Total Expenses
$2,075
Mortgage P&I
44%
$1,124
Property Taxes
2%
$40
Home Insurance
2%
$50
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$279