This property might be a fair Mid-Term investment with a projected 5.58% first-year return on $59,790 initial cash invested.
5.58%
Cash On Cash
8.91%
Cap Rate
1.34
DSCR
$2,397
Rent
$278
Cashflow
Cash Flow
$2,397 income − $2,119 expenses = $278 cash flow
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,397
Total Expenses
$2,119
Mortgage P&I
46%
$1,104
Property Taxes
5%
$129
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$288
CapEx
4%
$96
Vacancy
3%
$72
Maintenance
4%
$96
Other
11%
$264