This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $64,032 initial cash invested.
2.47%
Cash On Cash
7.91%
Cap Rate
1.18
DSCR
$2,277
Rent
$132
Cashflow
Cash Flow
$2,277 income − $2,145 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,032
Downpayment
20%
$43,840
Closing costs
1%
$2,192
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,277
Total Expenses
$2,145
Mortgage P&I
54%
$1,221
Property Taxes
3%
$74
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250