This property might be a fair Mid-Term investment with a projected 6.03% first-year return on $58,866 initial cash invested.
6.03%
Cash On Cash
8.96%
Cap Rate
1.38
DSCR
$2,559
Rent
$296
Cashflow
Cash Flow
$2,559 income − $2,263 expenses = $296 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,866
Downpayment
20%
$38,920
Closing costs
1%
$1,946
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,559
Total Expenses
$2,263
Mortgage P&I
41%
$1,055
Property Taxes
11%
$273
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281