This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $59,433 initial cash invested.
7.09%
Cash On Cash
9.45%
Cap Rate
1.4
DSCR
$2,336
Rent
$351
Cashflow
Cash Flow
$2,336 income − $1,985 expenses = $351 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,433
Downpayment
20%
$39,460
Closing costs
1%
$1,973
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,336
Total Expenses
$1,985
Mortgage P&I
48%
$1,110
Property Taxes
1%
$26
Home Insurance
2%
$56
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257