This property might be a fair Mid-Term investment with a projected 7.46% first-year return on $59,706 initial cash invested.
7.46%
Cash On Cash
9.64%
Cap Rate
1.45
DSCR
$3,040
Rent
$371
Cashflow
Cash Flow
$3,040 income − $2,669 expenses = $371 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,706
Downpayment
20%
$39,720
Closing costs
1%
$1,986
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,040
Total Expenses
$2,669
Mortgage P&I
36%
$1,103
Property Taxes
15%
$462
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334