This property might be a fair Mid-Term investment with a projected 4.34% first-year return on $57,270 initial cash invested.
4.34%
Cash On Cash
8.16%
Cap Rate
1.3
DSCR
$2,068
Rent
$207
Cashflow
Cash Flow
$2,068 income − $1,861 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,270
Downpayment
20%
$37,400
Closing costs
1%
$1,870
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,068
Total Expenses
$1,861
Mortgage P&I
47%
$982
Property Taxes
5%
$111
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227