This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $57,669 initial cash invested.
5.01%
Cash On Cash
8.84%
Cap Rate
1.32
DSCR
$2,384
Rent
$241
Cashflow
Cash Flow
$2,384 income − $2,143 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,669
Downpayment
20%
$37,780
Closing costs
1%
$1,889
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,384
Total Expenses
$2,143
Mortgage P&I
44%
$1,055
Property Taxes
8%
$194
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$286
CapEx
4%
$95
Vacancy
3%
$72
Maintenance
4%
$95
Other
11%
$262