This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $62,016 initial cash invested.
1.45%
Cash On Cash
7.67%
Cap Rate
1.14
DSCR
$2,326
Rent
$75
Cashflow
Cash Flow
$2,326 income − $2,251 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,016
Downpayment
20%
$41,920
Closing costs
1%
$2,096
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,326
Total Expenses
$2,251
Mortgage P&I
50%
$1,172
Property Taxes
9%
$211
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256