This property might be a fair Mid-Term investment with a projected 3.38% first-year return on $58,593 initial cash invested.
3.38%
Cash On Cash
8.06%
Cap Rate
1.24
DSCR
$2,128
Rent
$165
Cashflow
Cash Flow
$2,128 income − $1,963 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,593
Downpayment
20%
$38,660
Closing costs
1%
$1,933
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,128
Total Expenses
$1,963
Mortgage P&I
49%
$1,048
Property Taxes
6%
$122
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234