This property might be a fair Mid-Term investment with a projected 5.33% first-year return on $58,740 initial cash invested.
5.33%
Cash On Cash
8.96%
Cap Rate
1.34
DSCR
$2,580
Rent
$261
Cashflow
Cash Flow
$2,580 income − $2,319 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,740
Downpayment
20%
$38,800
Closing costs
1%
$1,940
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,580
Total Expenses
$2,319
Mortgage P&I
42%
$1,085
Property Taxes
11%
$287
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$284