This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $59,013 initial cash invested.
0.51%
Cash On Cash
7.04%
Cap Rate
1.09
DSCR
$1,839
Rent
$25
Cashflow
Cash Flow
$1,839 income − $1,814 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,013
Downpayment
20%
$39,060
Closing costs
1%
$1,953
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,839
Total Expenses
$1,814
Mortgage P&I
57%
$1,046
Property Taxes
4%
$72
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$221
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$202