This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $60,693 initial cash invested.
1.54%
Cash On Cash
7.59%
Cap Rate
1.15
DSCR
$2,136
Rent
$78
Cashflow
Cash Flow
$2,136 income − $2,058 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$203k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,693
Downpayment
20%
$40,660
Closing costs
1%
$2,033
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,136
Total Expenses
$2,058
Mortgage P&I
53%
$1,123
Property Taxes
6%
$136
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$235