This property might be a fair Mid-Term investment with a projected 8.12% first-year return on $61,764 initial cash invested.
8.12%
Cash On Cash
9.48%
Cap Rate
1.47
DSCR
$2,649
Rent
$418
Cashflow
Cash Flow
$2,649 income − $2,231 expenses = $418 cash flow
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,649
Total Expenses
$2,231
Mortgage P&I
42%
$1,123
Property Taxes
5%
$132
Home Insurance
3%
$76
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291