This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $59,139 initial cash invested.
4.44%
Cash On Cash
8.5%
Cap Rate
1.28
DSCR
$2,174
Rent
$219
Cashflow
Cash Flow
$2,174 income − $1,955 expenses = $219 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,139
Downpayment
20%
$39,180
Closing costs
1%
$1,959
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,174
Total Expenses
$1,955
Mortgage P&I
50%
$1,082
Property Taxes
3%
$64
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239