This property might be a fair Mid-Term investment with a projected 9.09% first-year return on $58,362 initial cash invested.
9.09%
Cash On Cash
9.96%
Cap Rate
1.53
DSCR
$2,810
Rent
$442
Cashflow
Cash Flow
$2,810 income − $2,368 expenses = $442 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,362
Downpayment
20%
$38,440
Closing costs
1%
$1,922
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,810
Total Expenses
$2,368
Mortgage P&I
37%
$1,042
Property Taxes
11%
$302
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309