This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $57,312 initial cash invested.
4.19%
Cash On Cash
8.26%
Cap Rate
1.29
DSCR
$2,151
Rent
$200
Cashflow
Cash Flow
$2,151 income − $1,951 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,312
Downpayment
20%
$37,440
Closing costs
1%
$1,872
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,151
Total Expenses
$1,951
Mortgage P&I
47%
$1,002
Property Taxes
7%
$151
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237