This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $61,113 initial cash invested.
2.69%
Cash On Cash
8.03%
Cap Rate
1.19
DSCR
$2,169
Rent
$137
Cashflow
Cash Flow
$2,169 income − $2,032 expenses = $137 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,113
Downpayment
20%
$41,060
Closing costs
1%
$2,053
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,169
Total Expenses
$2,032
Mortgage P&I
53%
$1,150
Property Taxes
3%
$60
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239