This property might be a fair Mid-Term investment with a projected 3.65% first-year return on $60,567 initial cash invested.
3.65%
Cash On Cash
8.38%
Cap Rate
1.25
DSCR
$2,430
Rent
$184
Cashflow
Cash Flow
$2,430 income − $2,246 expenses = $184 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,567
Downpayment
20%
$40,540
Closing costs
1%
$2,027
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,430
Total Expenses
$2,246
Mortgage P&I
47%
$1,134
Property Taxes
9%
$220
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267