This property might be a fair Mid-Term investment with a projected 0.22% first-year return on $58,929 initial cash invested.
0.22%
Cash On Cash
7.04%
Cap Rate
1.09
DSCR
$2,100
Rent
$11
Cashflow
Cash Flow
$2,100 income − $2,089 expenses = $11 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,100
Total Expenses
$2,089
Mortgage P&I
50%
$1,049
Property Taxes
12%
$258
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$252
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$231