This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $58,362 initial cash invested.
2.61%
Cash On Cash
8.13%
Cap Rate
1.19
DSCR
$2,085
Rent
$127
Cashflow
Cash Flow
$2,085 income − $1,958 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,362
Downpayment
20%
$38,440
Closing costs
1%
$1,922
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,085
Total Expenses
$1,958
Mortgage P&I
52%
$1,092
Property Taxes
4%
$90
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$63
Maintenance
4%
$83
Other
11%
$229