This property might be a fair Mid-Term investment with a projected 5.31% first-year return on $58,950 initial cash invested.
5.31%
Cash On Cash
8.89%
Cap Rate
1.32
DSCR
$2,301
Rent
$261
Cashflow
Cash Flow
$2,301 income − $2,040 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,301
Total Expenses
$2,040
Mortgage P&I
47%
$1,092
Property Taxes
4%
$98
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253