This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $59,790 initial cash invested.
3.05%
Cash On Cash
7.86%
Cap Rate
1.22
DSCR
$2,158
Rent
$152
Cashflow
Cash Flow
$2,158 income − $2,006 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,158
Total Expenses
$2,006
Mortgage P&I
49%
$1,066
Property Taxes
6%
$137
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237