This property might be a fair Mid-Term investment with a projected 1.18% first-year return on $58,005 initial cash invested.
1.18%
Cash On Cash
7.55%
Cap Rate
1.12
DSCR
$1,864
Rent
$57
Cashflow
Cash Flow
$1,864 income − $1,807 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,005
Downpayment
20%
$38,100
Closing costs
1%
$1,905
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,864
Total Expenses
$1,807
Mortgage P&I
57%
$1,066
Property Taxes
2%
$36
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$205