This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $62,751 initial cash invested.
6.1%
Cash On Cash
8.87%
Cap Rate
1.36
DSCR
$2,436
Rent
$319
Cashflow
Cash Flow
$2,436 income − $2,117 expenses = $319 cash flow
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,751
Downpayment
20%
$42,620
Closing costs
1%
$2,131
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$2,117
Mortgage P&I
48%
$1,160
Property Taxes
2%
$54
Home Insurance
3%
$76
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268