This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $59,181 initial cash invested.
3.55%
Cash On Cash
8.07%
Cap Rate
1.25
DSCR
$2,184
Rent
$175
Cashflow
Cash Flow
$2,184 income − $2,009 expenses = $175 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,181
Downpayment
20%
$39,220
Closing costs
1%
$1,961
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,184
Total Expenses
$2,009
Mortgage P&I
48%
$1,057
Property Taxes
6%
$140
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240