This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $61,344 initial cash invested.
5.13%
Cash On Cash
8.7%
Cap Rate
1.31
DSCR
$2,372
Rent
$262
Cashflow
Cash Flow
$2,372 income − $2,110 expenses = $262 cash flow
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,344
Downpayment
20%
$41,280
Closing costs
1%
$2,064
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,372
Total Expenses
$2,110
Mortgage P&I
48%
$1,140
Property Taxes
4%
$89
Home Insurance
3%
$74
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261