This property might be a fair Mid-Term investment with a projected 3.74% first-year return on $62,562 initial cash invested.
3.74%
Cash On Cash
8.48%
Cap Rate
1.25
DSCR
$2,604
Rent
$195
Cashflow
Cash Flow
$2,604 income − $2,409 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,562
Downpayment
20%
$42,440
Closing costs
1%
$2,122
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,604
Total Expenses
$2,409
Mortgage P&I
46%
$1,201
Property Taxes
10%
$249
Home Insurance
3%
$75
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286