This property might be a fair Mid-Term investment with a projected 5.39% first-year return on $58,971 initial cash invested.
5.39%
Cash On Cash
8.88%
Cap Rate
1.32
DSCR
$2,194
Rent
$265
Cashflow
Cash Flow
$2,194 income − $1,929 expenses = $265 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,971
Downpayment
20%
$39,020
Closing costs
1%
$1,951
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,194
Total Expenses
$1,929
Mortgage P&I
50%
$1,091
Property Taxes
1%
$22
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241