This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $57,795 initial cash invested.
1.06%
Cash On Cash
7.36%
Cap Rate
1.12
DSCR
$1,809
Rent
$51
Cashflow
Cash Flow
$1,809 income − $1,758 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,795
Downpayment
20%
$37,900
Closing costs
1%
$1,895
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,809
Total Expenses
$1,758
Mortgage P&I
57%
$1,039
Property Taxes
2%
$39
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199