This property might be a fair Mid-Term investment with a projected 7.68% first-year return on $58,908 initial cash invested.
7.68%
Cash On Cash
9.81%
Cap Rate
1.44
DSCR
$2,794
Rent
$377
Cashflow
Cash Flow
$2,794 income − $2,417 expenses = $377 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,908
Downpayment
20%
$38,960
Closing costs
1%
$1,948
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,794
Total Expenses
$2,417
Mortgage P&I
39%
$1,103
Property Taxes
11%
$296
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307