This property might be a fair Mid-Term investment with a projected 8.11% first-year return on $57,879 initial cash invested.
8.11%
Cash On Cash
9.77%
Cap Rate
1.46
DSCR
$2,313
Rent
$391
Cashflow
Cash Flow
$2,313 income − $1,922 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,879
Downpayment
20%
$37,980
Closing costs
1%
$1,899
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,313
Total Expenses
$1,922
Mortgage P&I
46%
$1,062
Property Taxes
0%
$7
Home Insurance
3%
$66
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$69
Maintenance
4%
$93
Other
11%
$254