This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $59,370 initial cash invested.
3.54%
Cash On Cash
8.03%
Cap Rate
1.25
DSCR
$2,242
Rent
$175
Cashflow
Cash Flow
$2,242 income − $2,067 expenses = $175 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,242
Total Expenses
$2,067
Mortgage P&I
47%
$1,054
Property Taxes
8%
$180
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247