This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $63,129 initial cash invested.
1.63%
Cash On Cash
7.71%
Cap Rate
1.14
DSCR
$2,170
Rent
$86
Cashflow
Cash Flow
$2,170 income − $2,084 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,170
Total Expenses
$2,084
Mortgage P&I
56%
$1,208
Property Taxes
3%
$63
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239