This property might be a fair Mid-Term investment with a projected 5.66% first-year return on $57,711 initial cash invested.
5.66%
Cash On Cash
9.11%
Cap Rate
1.35
DSCR
$2,494
Rent
$272
Cashflow
Cash Flow
$2,494 income − $2,222 expenses = $272 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,711
Downpayment
20%
$37,820
Closing costs
1%
$1,891
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,494
Total Expenses
$2,222
Mortgage P&I
43%
$1,063
Property Taxes
9%
$223
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274