This property might be a fair Mid-Term investment with a projected 4.14% first-year return on $58,845 initial cash invested.
4.14%
Cash On Cash
8.53%
Cap Rate
1.27
DSCR
$2,163
Rent
$203
Cashflow
Cash Flow
$2,163 income − $1,960 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$1,960
Mortgage P&I
50%
$1,092
Property Taxes
3%
$62
Home Insurance
3%
$69
HOA
0%
$0
Property Management
12%
$260
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$238