This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $59,769 initial cash invested.
1.1%
Cash On Cash
7.41%
Cap Rate
1.13
DSCR
$2,160
Rent
$55
Cashflow
Cash Flow
$2,160 income − $2,105 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,769
Downpayment
20%
$39,780
Closing costs
1%
$1,989
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,160
Total Expenses
$2,105
Mortgage P&I
50%
$1,088
Property Taxes
10%
$212
Home Insurance
3%
$71
HOA
0%
$0
Property Management
12%
$259
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$238