This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $61,533 initial cash invested.
2.57%
Cash On Cash
8.1%
Cap Rate
1.2
DSCR
$2,562
Rent
$132
Cashflow
Cash Flow
$2,562 income − $2,430 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,533
Downpayment
20%
$41,460
Closing costs
1%
$2,073
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,562
Total Expenses
$2,430
Mortgage P&I
46%
$1,166
Property Taxes
12%
$320
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282