This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $59,286 initial cash invested.
4.76%
Cash On Cash
8.61%
Cap Rate
1.31
DSCR
$2,396
Rent
$235
Cashflow
Cash Flow
$2,396 income − $2,161 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,286
Downpayment
20%
$39,320
Closing costs
1%
$1,966
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,396
Total Expenses
$2,161
Mortgage P&I
45%
$1,080
Property Taxes
8%
$195
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264