This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $58,782 initial cash invested.
1.06%
Cash On Cash
7.7%
Cap Rate
1.13
DSCR
$2,247
Rent
$52
Cashflow
Cash Flow
$2,247 income − $2,195 expenses = $52 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,782
Downpayment
20%
$38,840
Closing costs
1%
$1,942
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,247
Total Expenses
$2,195
Mortgage P&I
49%
$1,104
Property Taxes
11%
$258
Home Insurance
3%
$69
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247