This property might be a fair Mid-Term investment with a projected 2.54% first-year return on $59,559 initial cash invested.
2.54%
Cash On Cash
8.09%
Cap Rate
1.2
DSCR
$2,426
Rent
$126
Cashflow
Cash Flow
$2,426 income − $2,300 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,559
Downpayment
20%
$39,580
Closing costs
1%
$1,979
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,426
Total Expenses
$2,300
Mortgage P&I
46%
$1,111
Property Taxes
12%
$294
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267