This property might be a fair Mid-Term investment with a projected 8.15% first-year return on $57,900 initial cash invested.
8.15%
Cash On Cash
9.49%
Cap Rate
1.48
DSCR
$2,304
Rent
$393
Cashflow
Cash Flow
$2,304 income − $1,911 expenses = $393 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,900
Downpayment
20%
$38,000
Closing costs
1%
$1,900
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,304
Total Expenses
$1,911
Mortgage P&I
44%
$1,017
Property Taxes
2%
$46
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$276
CapEx
4%
$92
Vacancy
3%
$69
Maintenance
4%
$92
Other
11%
$253