This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $62,037 initial cash invested.
1.72%
Cash On Cash
7.77%
Cap Rate
1.16
DSCR
$2,372
Rent
$89
Cashflow
Cash Flow
$2,372 income − $2,283 expenses = $89 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,037
Downpayment
20%
$41,940
Closing costs
1%
$2,097
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,372
Total Expenses
$2,283
Mortgage P&I
49%
$1,173
Property Taxes
10%
$229
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261