This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $58,740 initial cash invested.
1.53%
Cash On Cash
7.73%
Cap Rate
1.15
DSCR
$2,134
Rent
$75
Cashflow
Cash Flow
$2,134 income − $2,059 expenses = $75 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,740
Downpayment
20%
$38,800
Closing costs
1%
$1,940
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,134
Total Expenses
$2,059
Mortgage P&I
51%
$1,090
Property Taxes
8%
$176
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$256
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$235