This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $59,685 initial cash invested.
7.28%
Cash On Cash
9.39%
Cap Rate
1.43
DSCR
$2,726
Rent
$362
Cashflow
Cash Flow
$2,726 income − $2,364 expenses = $362 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,685
Downpayment
20%
$39,700
Closing costs
1%
$1,985
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$2,364
Mortgage P&I
40%
$1,083
Property Taxes
10%
$286
Home Insurance
2%
$68
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300