This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $58,950 initial cash invested.
0.94%
Cash On Cash
7.53%
Cap Rate
1.12
DSCR
$2,181
Rent
$46
Cashflow
Cash Flow
$2,181 income − $2,135 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,181
Total Expenses
$2,135
Mortgage P&I
50%
$1,091
Property Taxes
11%
$235
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$240