This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $59,118 initial cash invested.
1.08%
Cash On Cash
7.64%
Cap Rate
1.13
DSCR
$2,196
Rent
$53
Cashflow
Cash Flow
$2,196 income − $2,143 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,118
Downpayment
20%
$39,160
Closing costs
1%
$1,958
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,196
Total Expenses
$2,143
Mortgage P&I
50%
$1,106
Property Taxes
10%
$219
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242