This property might be a fair Mid-Term investment with a projected 8.36% first-year return on $61,554 initial cash invested.
8.36%
Cash On Cash
9.74%
Cap Rate
1.47
DSCR
$2,799
Rent
$429
Cashflow
Cash Flow
$2,799 income − $2,370 expenses = $429 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,554
Downpayment
20%
$41,480
Closing costs
1%
$2,074
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,799
Total Expenses
$2,370
Mortgage P&I
41%
$1,142
Property Taxes
8%
$232
Home Insurance
2%
$44
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308