This property might be a fair Mid-Term investment with a projected 5.45% first-year return on $58,320 initial cash invested.
5.45%
Cash On Cash
8.36%
Cap Rate
1.35
DSCR
$2,042
Rent
$265
Cashflow
Cash Flow
$2,042 income − $1,777 expenses = $265 cash flow
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,320
Downpayment
20%
$38,400
Closing costs
1%
$1,920
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,042
Total Expenses
$1,777
Mortgage P&I
48%
$990
Property Taxes
1%
$25
Home Insurance
3%
$67
HOA
0%
$0
Property Management
12%
$245
CapEx
4%
$82
Vacancy
3%
$61
Maintenance
4%
$82
Other
11%
$225