This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $57,480 initial cash invested.
3.53%
Cash On Cash
8.08%
Cap Rate
1.25
DSCR
$2,118
Rent
$169
Cashflow
Cash Flow
$2,118 income − $1,949 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,480
Downpayment
20%
$37,600
Closing costs
1%
$1,880
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,118
Total Expenses
$1,949
Mortgage P&I
48%
$1,012
Property Taxes
7%
$151
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$233