This property might be a fair Mid-Term investment with a projected 4.25% first-year return on $59,265 initial cash invested.
4.25%
Cash On Cash
8.51%
Cap Rate
1.28
DSCR
$2,436
Rent
$210
Cashflow
Cash Flow
$2,436 income − $2,226 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,265
Downpayment
20%
$39,300
Closing costs
1%
$1,965
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$2,226
Mortgage P&I
45%
$1,086
Property Taxes
9%
$222
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268