This property might be a fair Mid-Term investment with a projected 4.74% first-year return on $59,790 initial cash invested.
4.74%
Cash On Cash
8.76%
Cap Rate
1.29
DSCR
$2,228
Rent
$236
Cashflow
Cash Flow
$2,228 income − $1,992 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,228
Total Expenses
$1,992
Mortgage P&I
51%
$1,127
Property Taxes
2%
$38
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$267
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245