This property might be a fair Mid-Term investment with a projected 5.68% first-year return on $58,950 initial cash invested.
5.68%
Cash On Cash
8.74%
Cap Rate
1.36
DSCR
$2,494
Rent
$279
Cashflow
Cash Flow
$2,494 income − $2,215 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,494
Total Expenses
$2,215
Mortgage P&I
42%
$1,042
Property Taxes
10%
$257
Home Insurance
3%
$68
HOA
0%
$0
Property Management
12%
$299
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$274