This property might be a fair Mid-Term investment with a projected 8.56% first-year return on $58,299 initial cash invested.
8.56%
Cash On Cash
10.01%
Cap Rate
1.48
DSCR
$2,568
Rent
$416
Cashflow
Cash Flow
$2,568 income − $2,152 expenses = $416 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,299
Downpayment
20%
$38,380
Closing costs
1%
$1,919
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,568
Total Expenses
$2,152
Mortgage P&I
42%
$1,082
Property Taxes
5%
$134
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282