This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $59,013 initial cash invested.
1.97%
Cash On Cash
7.97%
Cap Rate
1.17
DSCR
$2,378
Rent
$97
Cashflow
Cash Flow
$2,378 income − $2,281 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,013
Downpayment
20%
$39,060
Closing costs
1%
$1,953
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,378
Total Expenses
$2,281
Mortgage P&I
46%
$1,105
Property Taxes
13%
$298
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$285
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$262