This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $57,438 initial cash invested.
1.65%
Cash On Cash
7.76%
Cap Rate
1.15
DSCR
$2,060
Rent
$79
Cashflow
Cash Flow
$2,060 income − $1,981 expenses = $79 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,438
Downpayment
20%
$37,560
Closing costs
1%
$1,878
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,060
Total Expenses
$1,981
Mortgage P&I
51%
$1,054
Property Taxes
9%
$190
Home Insurance
2%
$37
HOA
0%
$0
Property Management
12%
$247
CapEx
4%
$82
Vacancy
3%
$62
Maintenance
4%
$82
Other
11%
$227