This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $59,538 initial cash invested.
3.37%
Cash On Cash
8.43%
Cap Rate
1.23
DSCR
$2,433
Rent
$167
Cashflow
Cash Flow
$2,433 income − $2,266 expenses = $167 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,538
Downpayment
20%
$39,560
Closing costs
1%
$1,978
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,433
Total Expenses
$2,266
Mortgage P&I
46%
$1,126
Property Taxes
10%
$243
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$292
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$268