This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $59,370 initial cash invested.
1.33%
Cash On Cash
7.09%
Cap Rate
1.14
DSCR
$1,906
Rent
$66
Cashflow
Cash Flow
$1,906 income − $1,840 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,906
Total Expenses
$1,840
Mortgage P&I
54%
$1,022
Property Taxes
5%
$100
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$229
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$210