This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $59,790 initial cash invested.
1.65%
Cash On Cash
7.44%
Cap Rate
1.15
DSCR
$1,869
Rent
$82
Cashflow
Cash Flow
$1,869 income − $1,787 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,869
Total Expenses
$1,787
Mortgage P&I
58%
$1,077
Property Taxes
0%
$4
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206