This property might be a fair Mid-Term investment with a projected 7.41% first-year return on $60,441 initial cash invested.
7.41%
Cash On Cash
9.32%
Cap Rate
1.44
DSCR
$2,694
Rent
$373
Cashflow
Cash Flow
$2,694 income − $2,321 expenses = $373 cash flow
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,441
Downpayment
20%
$40,420
Closing costs
1%
$2,021
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,694
Total Expenses
$2,321
Mortgage P&I
40%
$1,089
Property Taxes
8%
$228
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296