This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $60,945 initial cash invested.
3.64%
Cash On Cash
8.4%
Cap Rate
1.24
DSCR
$2,318
Rent
$185
Cashflow
Cash Flow
$2,318 income − $2,133 expenses = $185 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,945
Downpayment
20%
$40,900
Closing costs
1%
$2,045
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,318
Total Expenses
$2,133
Mortgage P&I
50%
$1,154
Property Taxes
5%
$117
Home Insurance
3%
$73
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255