This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $58,236 initial cash invested.
0.76%
Cash On Cash
7.5%
Cap Rate
1.11
DSCR
$2,080
Rent
$37
Cashflow
Cash Flow
$2,080 income − $2,043 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,236
Downpayment
20%
$38,320
Closing costs
1%
$1,916
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,080
Total Expenses
$2,043
Mortgage P&I
52%
$1,078
Property Taxes
9%
$190
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$229