This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $36,438 initial cash invested.
6.19%
Cash On Cash
9.79%
Cap Rate
1.49
DSCR
$1,149
Rent
$188
Cashflow
Cash Flow
$1,149 income − $961 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$87,800
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,438
Downpayment
20%
$17,560
Closing costs
1%
$878
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,149
Total Expenses
$961
Mortgage P&I
42%
$482
Property Taxes
7%
$75
Home Insurance
1%
$14
HOA
0%
$0
Property Management
12%
$138
CapEx
4%
$46
Vacancy
3%
$34
Maintenance
4%
$46
Other
11%
$126