This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $57,690 initial cash invested.
1.21%
Cash On Cash
7.59%
Cap Rate
1.13
DSCR
$1,936
Rent
$58
Cashflow
Cash Flow
$1,936 income − $1,878 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,690
Downpayment
20%
$37,800
Closing costs
1%
$1,890
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,936
Total Expenses
$1,878
Mortgage P&I
55%
$1,060
Property Taxes
5%
$95
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$213