This property might be a fair Mid-Term investment with a projected 4.01% first-year return on $61,092 initial cash invested.
4.01%
Cash On Cash
8.15%
Cap Rate
1.27
DSCR
$2,397
Rent
$204
Cashflow
Cash Flow
$2,397 income − $2,193 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,092
Downpayment
20%
$41,040
Closing costs
1%
$2,052
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,397
Total Expenses
$2,193
Mortgage P&I
46%
$1,094
Property Taxes
9%
$215
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264