This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $59,790 initial cash invested.
5.74%
Cash On Cash
9.06%
Cap Rate
1.33
DSCR
$2,258
Rent
$286
Cashflow
Cash Flow
$2,258 income − $1,972 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,258
Total Expenses
$1,972
Mortgage P&I
50%
$1,127
Property Taxes
0%
$8
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248