This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $58,320 initial cash invested.
4.88%
Cash On Cash
8.79%
Cap Rate
1.3
DSCR
$2,175
Rent
$237
Cashflow
Cash Flow
$2,175 income − $1,938 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,320
Downpayment
20%
$38,400
Closing costs
1%
$1,920
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,175
Total Expenses
$1,938
Mortgage P&I
50%
$1,082
Property Taxes
2%
$49
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$261
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$239