This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $59,034 initial cash invested.
3.11%
Cash On Cash
8.24%
Cap Rate
1.22
DSCR
$2,184
Rent
$153
Cashflow
Cash Flow
$2,184 income − $2,031 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,034
Downpayment
20%
$39,080
Closing costs
1%
$1,954
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,184
Total Expenses
$2,031
Mortgage P&I
50%
$1,102
Property Taxes
5%
$117
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$66
Maintenance
4%
$87
Other
11%
$240