This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $61,239 initial cash invested.
1.86%
Cash On Cash
7.75%
Cap Rate
1.17
DSCR
$2,392
Rent
$95
Cashflow
Cash Flow
$2,392 income − $2,297 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,392
Total Expenses
$2,297
Mortgage P&I
48%
$1,138
Property Taxes
11%
$265
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263