This property might be a fair Mid-Term investment with a projected 5.38% first-year return on $58,845 initial cash invested.
5.38%
Cash On Cash
8.71%
Cap Rate
1.34
DSCR
$2,334
Rent
$264
Cashflow
Cash Flow
$2,334 income − $2,070 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,334
Total Expenses
$2,070
Mortgage P&I
45%
$1,054
Property Taxes
7%
$153
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$280
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$257