This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $59,706 initial cash invested.
0.14%
Cash On Cash
7.29%
Cap Rate
1.08
DSCR
$1,988
Rent
$7
Cashflow
Cash Flow
$1,988 income − $1,981 expenses = $7 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,706
Downpayment
20%
$39,720
Closing costs
1%
$1,986
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,988
Total Expenses
$1,981
Mortgage P&I
56%
$1,120
Property Taxes
6%
$113
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219