This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $59,244 initial cash invested.
2.07%
Cash On Cash
7.74%
Cap Rate
1.17
DSCR
$1,988
Rent
$102
Cashflow
Cash Flow
$1,988 income − $1,886 expenses = $102 cash flow
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,988
Total Expenses
$1,886
Mortgage P&I
55%
$1,085
Property Taxes
3%
$53
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219