This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $59,475 initial cash invested.
4.26%
Cash On Cash
8.32%
Cap Rate
1.29
DSCR
$2,340
Rent
$211
Cashflow
Cash Flow
$2,340 income − $2,129 expenses = $211 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,475
Downpayment
20%
$39,500
Closing costs
1%
$1,975
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,340
Total Expenses
$2,129
Mortgage P&I
45%
$1,064
Property Taxes
8%
$189
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$257