This property might be a fair Mid-Term investment with a projected 5.96% first-year return on $62,205 initial cash invested.
5.96%
Cash On Cash
8.92%
Cap Rate
1.36
DSCR
$2,522
Rent
$309
Cashflow
Cash Flow
$2,522 income − $2,213 expenses = $309 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,205
Downpayment
20%
$42,100
Closing costs
1%
$2,105
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,522
Total Expenses
$2,213
Mortgage P&I
46%
$1,154
Property Taxes
5%
$118
Home Insurance
3%
$83
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277