This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $58,425 initial cash invested.
6.84%
Cash On Cash
9.39%
Cap Rate
1.4
DSCR
$2,468
Rent
$333
Cashflow
Cash Flow
$2,468 income − $2,135 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,425
Downpayment
20%
$38,500
Closing costs
1%
$1,925
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,468
Total Expenses
$2,135
Mortgage P&I
44%
$1,075
Property Taxes
6%
$153
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271