This property might be a fair Mid-Term investment with a projected 8.11% first-year return on $61,260 initial cash invested.
8.11%
Cash On Cash
9.65%
Cap Rate
1.46
DSCR
$2,670
Rent
$414
Cashflow
Cash Flow
$2,670 income − $2,256 expenses = $414 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,260
Downpayment
20%
$41,200
Closing costs
1%
$2,060
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,670
Total Expenses
$2,256
Mortgage P&I
43%
$1,136
Property Taxes
5%
$140
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294