This property might be a fair Mid-Term investment with a projected 6.58% first-year return on $61,869 initial cash invested.
6.58%
Cash On Cash
9.13%
Cap Rate
1.39
DSCR
$2,632
Rent
$339
Cashflow
Cash Flow
$2,632 income − $2,293 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,869
Downpayment
20%
$41,780
Closing costs
1%
$2,089
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,632
Total Expenses
$2,293
Mortgage P&I
44%
$1,146
Property Taxes
7%
$186
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290