This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $59,097 initial cash invested.
4.49%
Cash On Cash
8.31%
Cap Rate
1.3
DSCR
$2,193
Rent
$221
Cashflow
Cash Flow
$2,193 income − $1,972 expenses = $221 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,097
Downpayment
20%
$39,140
Closing costs
1%
$1,957
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,193
Total Expenses
$1,972
Mortgage P&I
48%
$1,047
Property Taxes
5%
$109
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241