This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $62,079 initial cash invested.
0.99%
Cash On Cash
7.52%
Cap Rate
1.12
DSCR
$2,319
Rent
$51
Cashflow
Cash Flow
$2,319 income − $2,268 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,319
Total Expenses
$2,268
Mortgage P&I
51%
$1,171
Property Taxes
10%
$234
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255