This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $63,339 initial cash invested.
1.46%
Cash On Cash
7.47%
Cap Rate
1.15
DSCR
$2,502
Rent
$77
Cashflow
Cash Flow
$2,502 income − $2,425 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,339
Downpayment
20%
$43,180
Closing costs
1%
$2,159
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,502
Total Expenses
$2,425
Mortgage P&I
47%
$1,167
Property Taxes
13%
$331
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275