This property might be a fair Mid-Term investment with a projected 7.71% first-year return on $58,530 initial cash invested.
7.71%
Cash On Cash
9.81%
Cap Rate
1.43
DSCR
$2,560
Rent
$376
Cashflow
Cash Flow
$2,560 income − $2,184 expenses = $376 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,530
Downpayment
20%
$38,600
Closing costs
1%
$1,930
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,560
Total Expenses
$2,184
Mortgage P&I
43%
$1,099
Property Taxes
6%
$145
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282