This property might be a fair Mid-Term investment with a projected 0.31% first-year return on $57,375 initial cash invested.
0.31%
Cash On Cash
6.92%
Cap Rate
1.09
DSCR
$1,947
Rent
$15
Cashflow
Cash Flow
$1,947 income − $1,932 expenses = $15 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,375
Downpayment
20%
$37,500
Closing costs
1%
$1,875
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,947
Total Expenses
$1,932
Mortgage P&I
51%
$988
Property Taxes
13%
$256
Home Insurance
1%
$26
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214