This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $59,349 initial cash invested.
1.54%
Cash On Cash
7.73%
Cap Rate
1.15
DSCR
$2,304
Rent
$76
Cashflow
Cash Flow
$2,304 income − $2,228 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,349
Downpayment
20%
$39,380
Closing costs
1%
$1,969
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,304
Total Expenses
$2,228
Mortgage P&I
48%
$1,101
Property Taxes
12%
$275
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253