This property might be a fair Mid-Term investment with a projected 1.44% first-year return on $63,234 initial cash invested.
1.44%
Cash On Cash
7.75%
Cap Rate
1.14
DSCR
$2,284
Rent
$76
Cashflow
Cash Flow
$2,284 income − $2,208 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,234
Downpayment
20%
$43,080
Closing costs
1%
$2,154
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$2,208
Mortgage P&I
54%
$1,224
Property Taxes
3%
$65
Home Insurance
4%
$80
HOA
3%
$63
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251