This property might be a fair Mid-Term investment with a projected 3.08% first-year return on $58,845 initial cash invested.
3.08%
Cash On Cash
7.86%
Cap Rate
1.23
DSCR
$2,086
Rent
$151
Cashflow
Cash Flow
$2,086 income − $1,935 expenses = $151 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,086
Total Expenses
$1,935
Mortgage P&I
50%
$1,040
Property Taxes
6%
$117
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$63
Maintenance
4%
$83
Other
11%
$229