This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $57,291 initial cash invested.
4.17%
Cash On Cash
8.11%
Cap Rate
1.29
DSCR
$2,100
Rent
$199
Cashflow
Cash Flow
$2,100 income − $1,901 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,291
Downpayment
20%
$37,420
Closing costs
1%
$1,871
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,100
Total Expenses
$1,901
Mortgage P&I
47%
$981
Property Taxes
8%
$168
Home Insurance
2%
$38
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231