This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $62,457 initial cash invested.
0.94%
Cash On Cash
7.55%
Cap Rate
1.13
DSCR
$2,618
Rent
$49
Cashflow
Cash Flow
$2,618 income − $2,569 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,457
Downpayment
20%
$42,340
Closing costs
1%
$2,117
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,618
Total Expenses
$2,569
Mortgage P&I
45%
$1,178
Property Taxes
16%
$425
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288