This property might be a fair Mid-Term investment with a projected 5.68% first-year return on $59,349 initial cash invested.
5.68%
Cash On Cash
8.89%
Cap Rate
1.34
DSCR
$2,302
Rent
$281
Cashflow
Cash Flow
$2,302 income − $2,021 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,349
Downpayment
20%
$39,380
Closing costs
1%
$1,969
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,302
Total Expenses
$2,021
Mortgage P&I
47%
$1,085
Property Taxes
4%
$82
Home Insurance
3%
$72
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253