This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $57,564 initial cash invested.
2.81%
Cash On Cash
7.99%
Cap Rate
1.21
DSCR
$1,968
Rent
$135
Cashflow
Cash Flow
$1,968 income − $1,833 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,564
Downpayment
20%
$37,680
Closing costs
1%
$1,884
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,968
Total Expenses
$1,833
Mortgage P&I
53%
$1,041
Property Taxes
3%
$63
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216