This property might be a fair Mid-Term investment with a projected 7.44% first-year return on $57,732 initial cash invested.
7.44%
Cash On Cash
9.49%
Cap Rate
1.44
DSCR
$2,541
Rent
$358
Cashflow
Cash Flow
$2,541 income − $2,183 expenses = $358 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,732
Downpayment
20%
$37,840
Closing costs
1%
$1,892
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$2,183
Mortgage P&I
41%
$1,036
Property Taxes
7%
$186
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280