This property might be a fair Mid-Term investment with a projected 9.59% first-year return on $58,173 initial cash invested.
9.59%
Cash On Cash
10.38%
Cap Rate
1.54
DSCR
$2,962
Rent
$465
Cashflow
Cash Flow
$2,962 income − $2,497 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,173
Downpayment
20%
$38,260
Closing costs
1%
$1,913
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,962
Total Expenses
$2,497
Mortgage P&I
36%
$1,071
Property Taxes
12%
$354
Home Insurance
2%
$66
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326