This property might be a fair Mid-Term investment with a projected 5.73% first-year return on $59,286 initial cash invested.
5.73%
Cash On Cash
9.08%
Cap Rate
1.35
DSCR
$2,640
Rent
$283
Cashflow
Cash Flow
$2,640 income − $2,357 expenses = $283 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,286
Downpayment
20%
$39,320
Closing costs
1%
$1,966
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,640
Total Expenses
$2,357
Mortgage P&I
42%
$1,099
Property Taxes
11%
$281
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290