This property might be a fair Mid-Term investment with a projected 5.62% first-year return on $57,879 initial cash invested.
5.62%
Cash On Cash
9.01%
Cap Rate
1.34
DSCR
$2,252
Rent
$271
Cashflow
Cash Flow
$2,252 income − $1,981 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,252
Total Expenses
$1,981
Mortgage P&I
47%
$1,065
Property Taxes
4%
$84
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248