This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $57,291 initial cash invested.
5.36%
Cash On Cash
8.45%
Cap Rate
1.35
DSCR
$2,232
Rent
$256
Cashflow
Cash Flow
$2,232 income − $1,976 expenses = $256 cash flow
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,291
Downpayment
20%
$37,420
Closing costs
1%
$1,871
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,232
Total Expenses
$1,976
Mortgage P&I
44%
$972
Property Taxes
7%
$154
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246