This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $59,790 initial cash invested.
1.14%
Cash On Cash
7.66%
Cap Rate
1.13
DSCR
$2,166
Rent
$57
Cashflow
Cash Flow
$2,166 income − $2,109 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,166
Total Expenses
$2,109
Mortgage P&I
52%
$1,126
Property Taxes
8%
$176
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238