This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $59,055 initial cash invested.
5.32%
Cash On Cash
8.8%
Cap Rate
1.33
DSCR
$2,264
Rent
$262
Cashflow
Cash Flow
$2,264 income − $2,002 expenses = $262 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,055
Downpayment
20%
$39,100
Closing costs
1%
$1,955
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,264
Total Expenses
$2,002
Mortgage P&I
48%
$1,080
Property Taxes
4%
$81
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$249