This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $62,079 initial cash invested.
6.01%
Cash On Cash
8.96%
Cap Rate
1.36
DSCR
$2,572
Rent
$311
Cashflow
Cash Flow
$2,572 income − $2,261 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,572
Total Expenses
$2,261
Mortgage P&I
45%
$1,153
Property Taxes
6%
$156
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283