This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $59,832 initial cash invested.
0.9%
Cash On Cash
7.31%
Cap Rate
1.12
DSCR
$2,106
Rent
$45
Cashflow
Cash Flow
$2,106 income − $2,061 expenses = $45 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,832
Downpayment
20%
$39,840
Closing costs
1%
$1,992
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,106
Total Expenses
$2,061
Mortgage P&I
52%
$1,085
Property Taxes
10%
$202
Home Insurance
2%
$50
HOA
0%
$8
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232