This property might be a fair Mid-Term investment with a projected 2.68% first-year return on $57,396 initial cash invested.
2.68%
Cash On Cash
8.17%
Cap Rate
1.21
DSCR
$2,433
Rent
$128
Cashflow
Cash Flow
$2,433 income − $2,305 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,396
Downpayment
20%
$37,520
Closing costs
1%
$1,876
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,433
Total Expenses
$2,305
Mortgage P&I
43%
$1,053
Property Taxes
15%
$359
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268