This property might be a fair Mid-Term investment with a projected 2.06% first-year return on $57,669 initial cash invested.
2.06%
Cash On Cash
7.91%
Cap Rate
1.17
DSCR
$1,976
Rent
$99
Cashflow
Cash Flow
$1,976 income − $1,877 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,669
Downpayment
20%
$37,780
Closing costs
1%
$1,889
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,976
Total Expenses
$1,877
Mortgage P&I
54%
$1,067
Property Taxes
4%
$75
Home Insurance
3%
$64
HOA
0%
$0
Property Management
12%
$237
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$217