This property might be a fair Mid-Term investment with a projected 1.83% first-year return on $61,029 initial cash invested.
1.83%
Cash On Cash
7.75%
Cap Rate
1.16
DSCR
$2,346
Rent
$93
Cashflow
Cash Flow
$2,346 income − $2,253 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,346
Total Expenses
$2,253
Mortgage P&I
48%
$1,137
Property Taxes
10%
$246
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258