This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $61,827 initial cash invested.
1.82%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$2,277
Rent
$94
Cashflow
Cash Flow
$2,277 income − $2,183 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,827
Downpayment
20%
$41,740
Closing costs
1%
$2,087
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,277
Total Expenses
$2,183
Mortgage P&I
51%
$1,151
Property Taxes
8%
$184
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250