This property might be a fair Mid-Term investment with a projected 9.76% first-year return on $58,047 initial cash invested.
9.76%
Cash On Cash
10.38%
Cap Rate
1.54
DSCR
$2,638
Rent
$472
Cashflow
Cash Flow
$2,638 income − $2,166 expenses = $472 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,047
Downpayment
20%
$38,140
Closing costs
1%
$1,907
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,638
Total Expenses
$2,166
Mortgage P&I
41%
$1,071
Property Taxes
5%
$129
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290