This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $62,289 initial cash invested.
3.02%
Cash On Cash
8.07%
Cap Rate
1.21
DSCR
$2,319
Rent
$157
Cashflow
Cash Flow
$2,319 income − $2,162 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,289
Downpayment
20%
$42,180
Closing costs
1%
$2,109
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,319
Total Expenses
$2,162
Mortgage P&I
50%
$1,169
Property Taxes
5%
$124
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255