This property might be a fair Mid-Term investment with a projected 8.41% first-year return on $62,247 initial cash invested.
8.41%
Cash On Cash
9.56%
Cap Rate
1.48
DSCR
$2,673
Rent
$436
Cashflow
Cash Flow
$2,673 income − $2,237 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,247
Downpayment
20%
$42,140
Closing costs
1%
$2,107
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,673
Total Expenses
$2,237
Mortgage P&I
42%
$1,135
Property Taxes
4%
$119
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$321
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$294