This property might be a fair Mid-Term investment with a projected 3.72% first-year return on $57,690 initial cash invested.
3.72%
Cash On Cash
8.12%
Cap Rate
1.26
DSCR
$2,026
Rent
$179
Cashflow
Cash Flow
$2,026 income − $1,847 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,026
Total Expenses
$1,847
Mortgage P&I
50%
$1,019
Property Taxes
4%
$73
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223