This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $59,580 initial cash invested.
2.56%
Cash On Cash
7.46%
Cap Rate
1.2
DSCR
$1,917
Rent
$127
Cashflow
Cash Flow
$1,917 income − $1,790 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,580
Downpayment
20%
$39,600
Closing costs
1%
$1,980
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,917
Total Expenses
$1,790
Mortgage P&I
54%
$1,027
Property Taxes
2%
$38
Home Insurance
4%
$72
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211