This property might be a fair Mid-Term investment with a projected 8.65% first-year return on $62,016 initial cash invested.
8.65%
Cash On Cash
9.48%
Cap Rate
1.5
DSCR
$2,680
Rent
$447
Cashflow
Cash Flow
$2,680 income − $2,233 expenses = $447 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,016
Downpayment
20%
$41,920
Closing costs
1%
$2,096
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,680
Total Expenses
$2,233
Mortgage P&I
41%
$1,102
Property Taxes
5%
$146
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295