This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $59,580 initial cash invested.
5.06%
Cash On Cash
8.93%
Cap Rate
1.31
DSCR
$2,446
Rent
$251
Cashflow
Cash Flow
$2,446 income − $2,195 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,580
Downpayment
20%
$39,600
Closing costs
1%
$1,980
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,446
Total Expenses
$2,195
Mortgage P&I
46%
$1,124
Property Taxes
7%
$167
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$269