This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $57,102 initial cash invested.
4.2%
Cash On Cash
8.36%
Cap Rate
1.28
DSCR
$2,066
Rent
$200
Cashflow
Cash Flow
$2,066 income − $1,866 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,066
Total Expenses
$1,866
Mortgage P&I
49%
$1,014
Property Taxes
3%
$61
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$248
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$227