This property might be a fair Mid-Term investment with a projected 9.8% first-year return on $58,404 initial cash invested.
9.8%
Cash On Cash
10.56%
Cap Rate
1.56
DSCR
$3,340
Rent
$477
Cashflow
Cash Flow
$3,340 income − $2,863 expenses = $477 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,404
Downpayment
20%
$38,480
Closing costs
1%
$1,924
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,340
Total Expenses
$2,863
Mortgage P&I
32%
$1,082
Property Taxes
18%
$601
Home Insurance
1%
$44
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$367