This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $58,572 initial cash invested.
4.71%
Cash On Cash
8.71%
Cap Rate
1.29
DSCR
$2,223
Rent
$230
Cashflow
Cash Flow
$2,223 income − $1,993 expenses = $230 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,572
Downpayment
20%
$38,640
Closing costs
1%
$1,932
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,223
Total Expenses
$1,993
Mortgage P&I
49%
$1,084
Property Taxes
4%
$82
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245