This property might be a fair Mid-Term investment with a projected 3.32% first-year return on $58,110 initial cash invested.
3.32%
Cash On Cash
8.01%
Cap Rate
1.24
DSCR
$2,130
Rent
$161
Cashflow
Cash Flow
$2,130 income − $1,969 expenses = $161 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,110
Downpayment
20%
$38,200
Closing costs
1%
$1,910
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,130
Total Expenses
$1,969
Mortgage P&I
48%
$1,029
Property Taxes
5%
$104
Home Insurance
3%
$67
HOA
2%
$45
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234