This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $57,900 initial cash invested.
0.08%
Cash On Cash
6.82%
Cap Rate
1.08
DSCR
$1,815
Rent
$4
Cashflow
Cash Flow
$1,815 income − $1,811 expenses = $4 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,815
Total Expenses
$1,811
Mortgage P&I
55%
$1,003
Property Taxes
7%
$124
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$218
CapEx
4%
$73
Vacancy
3%
$54
Maintenance
4%
$73
Other
11%
$200