This property might be a fair Mid-Term investment with a projected 4.74% first-year return on $62,310 initial cash invested.
4.74%
Cash On Cash
8.68%
Cap Rate
1.3
DSCR
$2,655
Rent
$246
Cashflow
Cash Flow
$2,655 income − $2,409 expenses = $246 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,310
Downpayment
20%
$42,200
Closing costs
1%
$2,110
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,655
Total Expenses
$2,409
Mortgage P&I
44%
$1,174
Property Taxes
10%
$258
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$319
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292