This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $57,165 initial cash invested.
6.19%
Cash On Cash
8.99%
Cap Rate
1.38
DSCR
$2,308
Rent
$295
Cashflow
Cash Flow
$2,308 income − $2,013 expenses = $295 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,165
Downpayment
20%
$37,300
Closing costs
1%
$1,865
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,308
Total Expenses
$2,013
Mortgage P&I
44%
$1,010
Property Taxes
5%
$121
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$277
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$254