This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $59,580 initial cash invested.
3.77%
Cash On Cash
8.42%
Cap Rate
1.25
DSCR
$2,276
Rent
$187
Cashflow
Cash Flow
$2,276 income − $2,089 expenses = $187 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,580
Downpayment
20%
$39,600
Closing costs
1%
$1,980
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,276
Total Expenses
$2,089
Mortgage P&I
49%
$1,112
Property Taxes
6%
$135
Home Insurance
3%
$69
HOA
0%
$0
Property Management
12%
$273
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$250