This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $59,244 initial cash invested.
2.69%
Cash On Cash
7.88%
Cap Rate
1.21
DSCR
$2,163
Rent
$133
Cashflow
Cash Flow
$2,163 income − $2,030 expenses = $133 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,244
Downpayment
20%
$39,280
Closing costs
1%
$1,964
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$2,030
Mortgage P&I
49%
$1,069
Property Taxes
8%
$172
Home Insurance
2%
$52
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238