This property might be a fair Mid-Term investment with a projected 8.57% first-year return on $58,698 initial cash invested.
8.57%
Cash On Cash
9.86%
Cap Rate
1.48
DSCR
$2,388
Rent
$419
Cashflow
Cash Flow
$2,388 income − $1,969 expenses = $419 cash flow
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,698
Downpayment
20%
$38,760
Closing costs
1%
$1,938
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,388
Total Expenses
$1,969
Mortgage P&I
45%
$1,077
Property Taxes
0%
$8
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$287
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$263