This property might be a fair Mid-Term investment with a projected 6.16% first-year return on $59,769 initial cash invested.
6.16%
Cash On Cash
8.99%
Cap Rate
1.37
DSCR
$2,462
Rent
$307
Cashflow
Cash Flow
$2,462 income − $2,155 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,769
Downpayment
20%
$39,780
Closing costs
1%
$1,989
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,462
Total Expenses
$2,155
Mortgage P&I
44%
$1,085
Property Taxes
7%
$164
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271